scorecardresearchTata Motors shares fall 4.6% post September quarter earnings

Tata Motors shares fall 4.6% post September quarter earnings

Updated: 10 Nov 2022, 12:18 PM IST
TL;DR.
Tata Motors on Wednesday reported a net loss of 898 crore for the second quarter ended September 30, 2022.
Mumbai, Sept 05 (ANI): Tata motors group Executive Director, Girish Wagh speaks during the launch of Tata's commercial vehicles at Jio World Centre, BKC, in Mumbai on Monday. (ANI Photo)

Mumbai, Sept 05 (ANI): Tata motors group Executive Director, Girish Wagh speaks during the launch of Tata's commercial vehicles at Jio World Centre, BKC, in Mumbai on Monday. (ANI Photo)

(PTI) Shares of Tata Motors on Thursday fell by 4.6 per cent in morning trade on bourses, a day after the company reported a net loss of 898 crore for the second quarter ended September 30, 2022.

The results were announced post market hours on Wednesday.

The stock of the homegrown auto major declined 4.68 per cent to 412.75 on the BSE.

At the NSE, it fell 4.69 per cent to 412.85.

Tata Motors on Wednesday reported a net loss of 898 crore for the second quarter ended September 30, 2022.

The auto major had reported a net loss of 4,416 crore in the July-September period of the last fiscal.

Total income, however, increased to 80,650 crore in the period under review, as compared to 62,246 crore in the year-ago period.

On a standalone basis, the company reported a net loss of 293 crore. It had posted a net loss of 659 crore in the same period a year ago.

Meanwhile, the 30-share BSE Sensex benchmark was trading 346.76 points lower at 60,686.79. 

First Published: 10 Nov 2022, 12:18 PM IST