Stock Report

Tata Motors Ltd posts Rs. 7605.40 crores consolidated loss in Q4FY21



Posted On : 2021-05-18 17:08:18( TIMEZONE : IST )

Tata Motors Ltd posts Rs. 7605.40 crores consolidated loss in Q4FY21

TATA MOTORS LTD. has reported financial results for the period ended March 31, 2021.

Financial Results (Q4 FY20-21) - QoQ Comparison

The company has reported total income of Rs.89319.34 crores during the period ended March 31, 2021 as compared to Rs.76365.79 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.(7605.40) crores for the period ended March 31, 2021 as against net profit / (loss) of Rs.2906.45 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.(20.24) for the period ended March 31, 2021 as compared to Rs.8.14 for the period ended December 31, 2020.

FinancialsQ4 FY20-21Q3 FY20-21% Change
Total Income₹ 89319.34 crs₹ 76365.79 crsUp Tick 16.96%
Net Profit₹ (7605.40) crs₹ 2906.45 crsDown Tick -361.67%
EPS₹ (20.24)₹ 8.14Down Tick -348.65%

Financial Results (Q4 FY20-21) - YoY Comparison

The company has reported total income of Rs.89319.34 crores during the period ended March 31, 2021 as compared to Rs.63057.43 crores during the period ended March 31, 2020.

The company has posted net profit / (loss) of Rs.(7605.40) crores for the period ended March 31, 2021 as against net profit / (loss) of Rs.(9894.25) crores for the period ended March 31, 2020.

The company has reported EPS of Rs.(20.24) for the period ended March 31, 2021 as compared to Rs.(27.50) for the period ended March 31, 2020.

FinancialsQ4 FY20-21Q4 FY19-20% Change
Total Income₹ 89319.34 crs₹ 63057.43 crsUp Tick 41.65%
Net Profit₹ (7605.40) crs₹ (9894.25) crsDown Tick -23.13%
EPS₹ (20.24)₹ (27.50)Down Tick -26.4%

Financial Results (Year ended FY 20-21) - YoY Comparison

The company has reported total income of Rs.252437.94 crores during the 12 months period ended March 31, 2021 as compared to Rs.264041.12 crores during the 12 months period ended March 31, 2020.

The company has posted net profit / (loss) of Rs.(13451.39) crores for the 12 months period ended March 31, 2021 as against net profit / (loss) of Rs.(12070.5) crores for the 12 months period ended March 31, 2020.

The company has reported EPS of Rs.(36.99) for the 12 months period ended March 31, 2021 as compared to Rs.(34.88) for the 12 months period ended March 31, 2020.

FinancialsYear Ended FY20-21Year Ended FY19-20% Change
Total Income₹ 252437.94 crs₹ 264041.12 crsDown Tick -4.39%
Net Profit₹ (13451.39) crs₹ (12070.5) crsUp Tick 11.44%
EPS₹ (36.99)₹(34.88)Up Tick 6.05%

Guenter Butschek, CEO and MD, Tata Motors, said, "The auto industry was deeply impacted by COVID-19 in FY21 but witnessed a steady growth in vehicle demand as the nationwide lockdown eased and pent-up demand came to fore supported by a steady recovery of the economy. At Tata Motors, we scaled up capacity by prudently addressing several supply chain bottlenecks while maintaining the health, safety and wellbeing of our employees as well as the supporting ecosystem at the forefront. A clear shift towards personal mobility and the rich preference for our 'New Forever' range of cars and SUVs led to the PV business recording its highest ever annual sales in 8 years and growing its market share to 8.2%. The CV business consistently posted sequential quarter on quarter growth on back of improved consumer sentiments, buoyancy in e-business, firming freight rates and higher infrastructure demand including road construction and mining. We have successfully improved our operational and financial performance by reducing costs, generating free cash flows, and providing 'best in class' customer experience.

As I look forward, we will continue to remain vigilant about the evolving COVID situation and have set in motion a comprehensive 'Business Agility Plan' to protect and serve the interests of our customers, dealers and suppliers. We will review and plan for the critical raw materials to cater to a volatile demand outlook while working closely with our ecosystem partners to meet the same. We believe this approach best serves the interests of all stakeholders by utilising the cash invested in the entire ecosystem in the most optimal manner".

Shares of TATA MOTORS LTD. was last trading in BSE at Rs.332.35 as compared to the previous close of Rs. 321.1. The total number of shares traded during the day was 4587490 in over 37495 trades.

The stock hit an intraday high of Rs. 336.55 and intraday low of 324.1. The net turnover during the day was Rs. 1519241962.

Source : Equity Bulls

Keywords