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Tata Motors loss swells to Rs 8,438 crore in Q1, revenue crashes by half

"The Covid-19 pandemic deeply impacted the auto industry in Q1 FY21," said Guenter Butschek, CEO and Managing Director of Tata Motors

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Tata Motors | Q1 results | Tata Motors India

ANI 



Brokerages slashed price targets on Tata Motors after the company reported biggest loss in India’s corporate history. The consensus 12-month price target for the stock is down to Rs 215 from Rs 252 earlier this month. Some brokerages have cut the tar
Jaguar Land Rover's (JLR's) net revenue declined 44 per cent to 2.9 billion pounds in Q1 FY21.

said on Friday its consolidated net loss in the first quarter of current fiscal increased to Rs 8,438 crore from Rs 3,698 crore in the corresponding quarter of last year.

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First Published: Fri, July 31 2020. 19:50 IST

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