Homegrown auto major Tata Motors on Thursday reported narrowing of consolidated net loss to ₹992.05 crore in the fourth quarter ended March 2022.

The company had posted a consolidated net loss of ₹7,585.34 crore in the same period last fiscal, Tata Motors said in a regulatory filing.

Total revenue from operations stood at ₹78,439.06 crore in the fourth quarter as against ₹88,627.90 crore in the year-ago period, it added.

On a standalone basis, the automaker reported a net profit of ₹413.35 crore in the period under review as against a net profit of ₹1,645.68 crore in the fourth quarter of 2020-21.

Standalone total revenue from operations stood at ₹17,338.27 crore in the fourth quarter as compared to ₹13,480.42 crore earlier.

comment COMMENT NOW