Tata Motors Q1 results: Consolidated net loss narrows to Rs 4,451 crore YoY, misses estimates

Tata Motors Q1 results: Consolidated net loss narrows to Rs 4,451 crore YoY, misses estimates
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However, the company reported a 107.6 per cent year-on-year rise in consolidated revenues to Rs 66,406 crore, which was sharply higher than analysts’ estimates.

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Analysts had expected the company to report a consolidated net loss of Rs 1,312 crore.

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MUMBAI: today reported a consolidated net loss of Rs 4,451 crore for the quarter ended June as against a net loss of Rs 8,438 crore in the year-ago quarter. Analysts had expected the company to report a consolidated net loss of Rs 1,312 crore.

However, the company reported a 107.6 per cent year-on-year rise in consolidated revenues to Rs 66,406 crore, which was sharply higher than analysts’ estimates.


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