Bengaluru: Tata Motors Ltd.
reported the first quarter loss on Monday, because the lack of semiconductors furrowed the ability of the car to take advantage of the demand for fuel pandemics for private vehicles.
The parent Jaguar Land Rover (JLR) reported a net consolidated loss of Rs 4,451 Crore ($ 598.04 million) for the quarter ended June 30, compared to the 8,438 crore Hospital loss a year earlier.
The business of luxury car makers in several major markets was hammered by a pandemic last year.
Tata Motors posted a quarterly loss of Rs 4,451 Crore in Q1
