Tata Motors falls 4% after company reports loss in Q1

The stock dipped 4% to Rs 248 on the BSE in early morning trade after the company reported a loss of Rs 18.63 billion in June quarter against profit of Rs 32 billion in year ago quarter. Shares of Tata Motors dipped 4% to Rs 248 on the BSE in early morning trade after the company reported a loss of Rs 18.63 billion in June quarter (Q1FY19) against profit of Rs 32 billion in year ago quarter. Net revenue from operations during the quarter under review grew 12% year on year (YoY) at Rs 671 billion against Rs 598 billion in the corresponding quarter of previous fiscal.

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