Tata Motors Passenger Vehicles Ltd.

Tata Motors has reported results for fourth quarter and year ended March 31, 2022.

The company has reported a fall of 74.88% in its net profit at Rs 413.35 crore for the quarter under review as compared to Rs 1,645.68 crore for the same quarter in the previous year. However, total income of the company increased by 29.01% at Rs 17,533.59 crore for Q4FY22 as compared Rs 13,591.10 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported net loss of Rs 992.05 crore for the quarter under review as compared to net loss of Rs 7,585.34 crore for the same quarter in the previous year. Total income of the company decreased by 11.17% at Rs 79,341.61 crore for Q4FY22 as compared Rs 89,319.34 crore for the corresponding quarter previous year.

For the year ended March 31, 2022, the company has reported net loss of Rs 1,390.86 crore as compared to net loss of Rs 2,395.44 crore for the previous year. However, total income of the company increased by 56.64% at Rs 47,923.59 crore for year under review as compared to Rs 30,595.02 crore for year ended March 31, 2021.

For the year ended March 31, 2022, on the consolidated basis, the company has reported net loss of Rs 11,308.76 crore as compared to net loss of Rs 13,395.10 crore for the previous year. However, total income of the company increased by 11.52% at Rs 281,507.25 crore for year under review as compared to Rs 252,437.94 crore for year ended March 31, 2021.