Tata Motors is all set to announce its March quarter results (Q4FY20) on Monday and analysts expect the company's revenue to decline over 25 per cent on a year-on-year basis, led by fall in overall volumes, while the loss for the quarter may come in at anything between Rs 2,600 crore to Rs 3,300 crore.
At the bourses, Tata Motors plunged 61.48 per cent in Q4FY20 as compared to Nifty's 29.4 per cent fall in the same period, ACE Equity data show. Meanwhile, the Nifty Auto index declined 42.3 per cent.
At the bourses, Tata Motors plunged 61.48 per cent in Q4FY20 as compared to Nifty's 29.4 per cent fall in the same period, ACE Equity data show. Meanwhile, the Nifty Auto index declined 42.3 per cent.
Analysts at Kotak Securities see Tata Motor's consolidated revenue