Firm cautions on supply-side disruptions, chip shortageTata Motors on Tuesday reported a narrowing of consolidated net loss to ₹7,585 crore for the fourth quarter ended March 31, aided by improved sales. The company had posted a consolidated net loss of ₹9,864 crore in the January-March period of 2019-20, Tata Motors said in a filing. The company’s British arm, Jaguar Land Rover reported a pre-tax loss of £952 million for the quarter owing to the £1.5 billion of exceptional charges. It had reported a loss from continuing operations of ₹4,871.05 crore in the year-earlier period. Standalone total income was ₹20,305.9 crore as against ₹10,001.8 crore.

Source: The Hindu May 18, 2021 23:44 UTC