Jaguar Land Rover parent Tata Motors reports wider quarterly loss

Published Mon, Nov 1, 2021 · 11:15 AM

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[BENGALURU] India's Tata Motors Ltd posted a wider second-quarter loss on Monday, as semiconductor shortages wrecked production for the carmaker across key markets.

The parent of Jaguar Land Rover (JLR) reported a consolidated net loss of 44.42 billion rupees (S$800 million) for the quarter ended Sep 30, compared with a loss of 3.14 billion rupees the year before.

REUTERS

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