Tata Motors: Fiscal 4Q Earnings Snapshot
Posted June 15, 2020 3:22 pm.
Last Updated June 15, 2020 3:24 pm.
This article is more than 5 years old.
MUMBAI, India (AP) _ Tata Motors Ltd. (TTM) on Monday reported a loss of $1.37 billion in its fiscal fourth quarter.
The Mumbai, India-based company said it had a loss of $1.90 per share. Losses, adjusted for non-recurring costs, came to $1.36 per share.
The automaker posted revenue of $8.71 billion in the period.
For the year, the company reported that its loss narrowed to $1.67 billion, or $2.41 per share. Revenue was reported as $36.46 billion.
Tata Motors shares have decreased 49% since the beginning of the year. The stock has dropped 46% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TTM at https://www.zacks.com/ap/TTM
The Associated Press