Tata Motors Passenger Vehicles Ltd.

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Large Cap | Automobiles - Passenger Cars
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Tata Motors reports consolidated net loss of Rs 1,902.37 crore in Q1

Date: 01-08-2018

Tata Motors has reported results for first quarter ended June 30, 2018.

The company has reported net profit of Rs 1,187.65 crore for the quarter under review as compared to net loss of Rs 463.14 crore for the same quarter in the previous year. Total income of the company increased by 65.32% at Rs 18,196.58 crore for Q1FY19 as compared Rs 11,007.16 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported net loss of Rs 1,902.37 crore for the quarter under review as compared to net profit of Rs 3,182.26 crore for the same quarter in the previous year. However, total consolidated income of the company increased by 12.23% at Rs 67,306.06 crore for Q1FY19 as compared Rs 59,972.33 crore for the corresponding quarter previous year.