Posts

Showing posts with the label tata motors

Net loss of Rs.9894 Crore in Q4FY20 results - Tata Motors

Image
Net loss of Rs.9894 Crore in Q4FY20 results - Tata Motors The Largest automotive company in the country, Tata Motors which is a part of Tata Group. The Total assets for Tata Motors have around Rs. 3.07 Lakh Crore and there are 82,800 employees serving in the Company. Established in the year 1945, it is one of the world's Top 500 Companies list. The Company is primarily engaging in the Manufacturing and Sales of Locomotives, Trucks, Vans, Bus Coaches, Four wheeler, Construction equipment and Military Vehicles. It is said to be a Market Leader in the Indian Automotive Industry. Post acquisition of Jaguar Land Rover (JLR) in the year 2008, the Tata Motors company had many challenges globally. Due to Policy changes in several countries, the JLR sales were hurt significantly. While the Domestic Sales for the Tata Motors had at good, but the Jaguar and Land Rover is losing. Tata Motors is seen as a Major Player in the EV segment in India, the company is also busy in its R & D. At the

First Indian Company to Million Vehicle Sales - Great Tata Motors

First Indian Company to Million Vehicle Sales - Great Tata Motors After acquisition of Jaguar Land Rover(JLR), Tata Motors has suffered with many issues in the Automotive Industry. The Chinese trade policy and the Brexit deal in the United kingdom were downgraded the JLR Brand. Tata Motors reported its net loss of Rs. 26,000 Crore in its Consolidated Revenue, in the last quarter - Q3FY19. However, the company alone itself had taken a net profit of Rs. 618 Crore and revenue of 16,200 Crore rupees in the last quarterly results. The Tata Motors alone profit was six times more than the Q2FY19 net profit. In the year of 2018, Tata Motors reaches the One Million Vehicle Sales Record and achieved this position as it is ranked 16th in the Automobile industry globally. T he company has sold 10.49 lakh (One Million) Vehicles worldwide in 2018. Tata Motors was the first company to sell over one million vehicles in a single year. The Vehicle sales came from Light Vehicles include Cars, Vans, Small