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Tata Motors Q2 internet loss narrows to Rs 898 crore

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Tata Motors on Wednesday reported a internet lack of Rs 898 crore for the second quarter ended September 30, 2022.

The auto main had reported a internet lack of Rs 4,416 crore within the July-September interval of the final fiscal.

Total revenue, nonetheless, elevated to Rs 80,650 crore within the interval below evaluation, as in comparison with Rs 62,246 crore within the year-ago interval.

On a standalone foundation, the corporate reported a internet lack of Rs 293 crore. It had posted a internet lack of Rs 659 crore in the identical interval a 12 months in the past.

Total revenue rose to Rs 15,142 crore within the second quarter, as in comparison with Rs 11,197 crore in the identical interval final 12 months.

Shares of the corporate on Wednesday closed 0.44 per cent down at Rs 433 apiece on the BSE.