Tata Motors still isn't in the green, but it's making 20% more profit than before the COVID-19 pandemic hit

Home-grown auto major Tata Motors on Tuesday reported a consolidated net loss of Rs 7,585 crore for the fourth quarter ended March 31, 2021. It had posted a consolidated net loss of Rs 9,864 crore in the January-March period of FY2019-20, Tata Motors said in a BSE filing.

The auto major's total income in the fourth quarter of FY'21 stood at Rs 89,319 crore. It was at Rs 63,057 crore in the year-ago quarter.

For the entire 2020-21 fiscal, the company reported a consolidated net loss of Rs 13,395 crore, against a net loss of Rs 11,975 crore in 2019-20.

Its total income stood at Rs 2,52,438 crore for the last financial year as against Rs 2,64,041 crore in FY'20.

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