Tata Motors Q1 loss may widen to Rs 1,767 cr; revenue may dip QoQ: Analysts

Tata Motors Q1 results preview: The likely subdued performance would be led by chip shortage woes at UK subsidiary JLR, cost input pressures, and negative operating leverage, said analysts

Passenger vehicle giant Tata Motors’ consolidated net loss is likely to widen to Rs 1,766.5 crores in the April-June quarter (Q1FY23) from Rs 1,033 crores in Q4FY22, according to an average of five estimates compiled by Business Standard.

However, on a yearly basis, it would narrow down from Rs 4,451-crore net loss incurred in Q1FY22. Analysts, however, say the year-ago period is not comparable due to the Delta Covid-19 wave-led low base. The company is slated to report its Q1FY23 results on Wednesday, July 27.  

Sequentially, consolidated revenue is likely to decline between 5-10 per cent to around Rs 70,230 crores.  

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