Tata Motors Finance reports standalone net loss of Rs 159.03 crore in the March 2022 quarter
Sales decline 16.40% to Rs 897.10 crore
Net loss of Tata Motors Finance reported to Rs 159.03 crore in the quarter ended March 2022 as against net profit of Rs 100.60 crore during the previous quarter ended March 2021. Sales declined 16.40% to Rs 897.10 crore in the quarter ended March 2022 as against Rs 1073.14 crore during the previous quarter ended March 2021.For the full year,net loss reported to Rs 26.74 crore in the year ended March 2022 as against net profit of Rs 249.68 crore during the previous year ended March 2021. Sales declined 2.18% to Rs 3762.64 crore in the year ended March 2022 as against Rs 3846.44 crore during the previous year ended March 2021.
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