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Tata Motors: Fiscal 4Q Earnings Snapshot

MUMBAI, India (AP) _ Tata Motors Ltd. (TTM) on Monday reported profit of $158.5 million in its fiscal fourth quarter.

On a per-share basis, the Mumbai, India-based company said it had net income of 24 cents. Earnings, adjusted for non-recurring costs, came to 48 cents per share.

The automaker posted revenue of $12.38 billion in the period.

For the year, the company reported a loss of $4.11 billion, or $6.07 per share, swinging to a loss in the period. Revenue was reported as $43.63 billion.

Tata Motors shares have risen slightly more than 7% since the beginning of the year. The stock has decreased 41% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TTM at https://www.zacks.com/ap/TTM