Tata Motors Passenger Vehicles Ltd.

Tata Motors has reported results for third quarter ended December 31, 2016.  

The company has reported a net loss of Rs 1045.94 crore for the quarter under review as compared to a net loss of Rs 136.82 crore for the same quarter in the previous year. Total income of the company decreased by 2.02% at Rs 11315.58 crore for the quarter under review as compared Rs 11549.17 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 96.22% fall in its net profit after tax, minority interest and share of profit / (Loss) of associates and Joint Ventures at Rs 111.57 crore for the quarter ended December 31, 2016, as compared to Rs 2952.67 crore for the same quarter in the previous year. Total income of the company decreased by 4.32% at Rs 68708.48 crore for the quarter under review as compared Rs 71809.35 crore for the corresponding quarter previous year.