Tata Motors Net Revenue dipped by over 34.4% in last Quarter

Tata motors net revenue dipped by over 34.4% in last quarter. News is not so surprising at the time when global auto players badly suffering by sharp fall in sells because of falling demand.

Net Revenue of Tata motors decreased by over 34.4%. Net revenue is around Rs.4758.62 crores in last quarter which was 7251.83 crores in same qtr of previous year.
The Loss after Tax of Rs. 263.26 crores was included with the notional exchange net loss on revaluation of foreign currency borrowings.

Tata motors is speeding up its cost cutting planning and capital management initiatives.
The company is also planning to launch its new products in coming soon .we will see Tata Nano very soon on Indian roads. And it will be interesting to see that what response Tata Nano will get and what affect it will creat on company’s financial situation.