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Tata Motors reports consolidated net loss of Rs 1049 crore in Q2

31 Oct 2018 Evaluate

Tata Motors has reported results for second quarter ended September 30, 2018.

The company has reported a net profit of Rs 109.14 crore for the quarter under review as against net loss of Rs 283.37 crore for the same quarter in the previous year. Total income of the company increased by 33.77% at Rs 18,102.56 crore for Q2FY19 as compared Rs 13,532.64 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported net loss of Rs 1048.80 crore for the quarter under review as against net profit of Rs 2,482.78 crore for the same quarter in the previous year. However, total income of the company increased by 3.39% at Rs 72,729.30 crore for Q2FY19 as compared Rs 70,344.76 crore for the corresponding quarter previous year.

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