Tata Motors Passenger Vehicles Ltd.

Tata Motors has reported results for second quarter ended September 30, 2017.

The company has reported net loss of Rs 295.30 crore for the quarter ended September 30, 2017 as compared to net loss of Rs 630.76 crore for the same quarter in the previous year. However, the total income of the company increased by 17.63% at Rs 13,541.96 crore for Q2FY18 as compared Rs 11,511.88 crore for the corresponding quarter previous year.

On consolidate basis, the company has reported around 3-fold jump in its net profit at Rs 2501.67 crore for the quarter under review as compared to Rs 848.16 crore for the corresponding quarter in the FY17. Total income of the company rose 8.53% at Rs 70,344.76 crore for quarter under review as compared to Rs 64,816.22 crore for the same quarter ended previous year.