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Tata Motors Q4 consolidated net loss narrows to Rs 992.05 cr

The company had posted a consolidated net loss of Rs 7,585.34 crore in the same period last fiscal

Agencies | Updated on: Thursday, May 12, 2022, 11:32 PM IST

On a standalone basis, the automaker reported a net profit of Rs 413.35 crore in the period under review.
/ Logo/ Representational Image |
On a standalone basis, the automaker reported a net profit of Rs 413.35 crore in the period under review. / Logo/ Representational Image |
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Tata Motors on Thursday reported a narrowing of consolidated net loss to Rs 992.05 crore in the fourth quarter ended March 2022.

The company had posted a consolidated net loss of Rs 7,585.34 crore in the same period last fiscal, Tata Motors said in a regulatory filing.

Total consolidated revenue from operations stood at Rs 78,439.06 crore in the fourth quarter as against Rs 88,627.90 crore in the year-ago period, it added.

On a standalone basis, the automaker reported a net profit of Rs 413.35 crore in the period under review as against a net profit of Rs 1,645.68 crore in the fourth quarter of 2020-21.

Standalone total revenue from operations stood at Rs 17,338.27 crore in the fourth quarter as compared to Rs 13,480.42 crore earlier.

(With PTI inputs)

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Published on: Thursday, May 12, 2022, 11:32 PM IST