Tata Motors' Q1 loss widens to Rs 5,007 cr; revenue rises 8%

'We expect demand to remain strong despite worries on inflation and geo-political risks while the supply situation is expected to improve further,' says the company

Tata Motors Ltd posted a bigger first-quarter loss on Wednesday. 

The Jaguar Land Rover parent reported a consolidated net loss of Rs 5,007 crore for the quarter ended June 30, compared with a loss of Rs 4,451 crore a year earlier.

On Wednesday, the company's scrip on BSE closed 0.66% higher at Rs 443.95.

The company's consolidated revenue from operations rose 8% to Rs 71,935 crore as against Rs 66,406 crore in Q1FY22. 

"We expect demand to remain strong despite worries on inflation and geo-political risks while the supply situation is

expected to improve further. Cooling commodity prices are expected to