Tata Motors consolidated net loss widens in Q2 on weak operational show

However, the quarter reflected strong sequential recovery with positive pre-tax profit and major positive free cash flows following restart of production and reopening of global retailer network

Tata Motors’ consolidated loss for the quarter ended September more than doubled over the year-ago period. But a better geographic mix and a higher contribution by the expensive models to the overall sales helped the owner of Jaguar Land Rover (JLR) beat Street estimates.

The Tata group flagship reported a consolidated net loss of Rs 307.3 crore in the quarter ended September, compared with a net loss of Rs 187.70 crore a year ago. This was much lower than the loss of Rs 1,970.3 crore forecast by a Bloomberg poll of five brokerages.  The total revenue from operations during the period