tata motors Q2 earnings: Tata Motors Q2 results: Consolidated loss widens YoY, misses estimate; sales rise 15%

MUMBAI: today reported a consolidated net loss of Rs 4,441.6 crore for the quarter ended September as against a net loss of Rs 314.5 crore in the year-ago quarter. The consolidated net loss reported by the company was higher than analysts’ estimate of Rs 3,451.9 crore net loss.

However, the carmaker reported a 14.7 per cent year-on-year growth in consolidated revenue from operations to Rs. 61,378.8 crore for the reported quarter, which was sharply above Street’s estimate.

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