 "Tata Motors")
Tata Motors pared its consolidated loss quarter-on-quarter in September-December 2021 as better availability of semiconductors is helping Jaguar Land Rover (JLR) ramp up production, the company said on Monday.
The Tata group flagship reported a net loss of Rs 1,451 crore in the quarter ended December 31, 2021. This is narrower when compared with a Rs 4,415-crore net loss in the September quarter. For the year-ago quarter, it had posted a net profit of Rs 2,941 crore.
Revenue from operations during the three-month period declined 4 per cent year-on-year (YoY) to Rs 72,229 crore against Rs 75,653 crore in the corresponding period,
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