Tata Motors loss News
The company had posted a consolidated net loss of Rs 9,864 crore in the January-March period of 2019-20, Tata Motors said in a BSE filing.
This was on account of JLR's new global strategy to 'Reimagine' the future of modern luxury by design and deliver double-digit EBIT margins by fiscal 2025/26.
For FY'21, JLR revenue was at 19.7 billion pounds while retail sales were at 439,588 units, down 13.6 percent.
Tata Motors has reported 26.93 percent decline in total sales last month at 1,49,597 units, as against 2,04,744 units in July 2013.
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