Tata Motors Limited (TML) – the biggest automobile manufacturing company in India has registered an 18% y-o-y decline in consolidated revenue from operations to INR 53,530 crore in Q2 FY21. The company’s consolidated net loss in Q2 widened to INR 307 crore against net loss of INR 188 crore in Q2 FY20. Despite concerns around (COVID-19) pandemic, TML expects a gradual recovery of demand and supply in the coming months.
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