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.

SEE ALSO:
Facebook’s Mark Zuckerberg has six months to answer these five questions

Credit Suisse is looking to hire over 1,000 IT employees in India as it battles controversy at home

WhatsApp’s new privacy policy — here is why you don't have to lose sleep over it