Why Tata Motors Stock is Falling? Tata Motors books Loss in Q3 Result Update


Tata Motors reports massive Rs 26,961 crore Q3 loss on one-time hit from asset impairment at JLR Auto major Tata Motors on Thursday reported a massive Rs 26,961 crore consolidated loss for the December quarter. The company said it took one-time exceptional non-cash charge for asset impairment of 3.1 billion pounds. The auto firm had posted a profit of Rs 1,214.60 crore in the year-ago period. Consolidated revenue for the quarter under review rose 5 per cent YoY to Rs 77,001 crore. Join our MemberShip Program for Exclusive Research Content: https://www.youtube.com/channel/UCPohbSYq4IXhv0yxiy-sT4g/join Make your FREE Financial Plan today: https://investyadnya.in/index Yadnya Book - 108 Questions & Answers on Mutual Funds & SIP - Available here: Amazon: https://goo.gl/WCq89k Flipkart: https://goo.gl/tCs2nR Infibeam: https://goo.gl/acMn7j Notionpress: https://goo.gl/REq6To Find us on Social Media and stay connected: Facebook Page - https://www.facebook.com/InvestYadnya Facebook Group - https://goo.gl/y57Qcr Twitter - https://www.twitter.com/InvestYadnya Blog - https://blog.investyadnya.in #InvestYadnya #YIA


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