ResultsCNBC-TV18
Tata Motors PV Q2 net loss at ₹5,531 crore
GreyOak summary
Tata Motors Passenger Vehicles reported a consolidated net loss of ₹5,531 crore for Q2 FY27, driven by exceptional items of ₹6,738 crore. These items included ₹3,800 crore in employee separation costs and ₹2,900 crore in asset impairments related to JLR restructuring. Despite a 34% revenue increase to ₹96,920 crore, the company missed analyst estimates on EBITDA and revenue.
What it affects
- Tata Motors Passenger VehiclesTMPVNegative -100
Reported net loss of ₹5,531 croreRolling sentiment Negative -45
Source
Read the original at CNBC-TV18More Tata Motors Passenger Vehicles news
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