new delhi shares of tata motors jumped nearly 6 per cent in early trade on wednesday after the company said it expects gradual recovery of demand and supply in the coming months defying disappointing earnings in the september quarter the stock opened with gain and rose by 549 per cent to rs 14315 on the bse after favourable management commentary at the nse it jumped 560 per cent to rs 14325 tata motors consolidated net loss widened to rs 307 crore in the september quarter due to the pandemic but it expects gradual recovery of demand and supply in the coming months the auto major had reported a net loss of rs 1877 crore during the julyseptember period of the previous fiscal advt it also expects most of the issues concerning the commercial vehicle segment to be resolved in the next three months if the present trend of improvement in demand continues p b balaji group chief financial officer tata motors said in the postearnings conference call as we look ahead we see demand gradually improving in the case of jlr we see demand picking up in all the geography we operate under and we expect continued performance improvement in jlr as the quarter and year progress at tata motors we see passenger vehicles gradually returning back to growth and we are also seeing an increase in market share as the supply chain issues start sorting out overall we expect the second half of the year to be even stronger compared to the first half of the year balaji said the companys total revenue from operations declined to rs 53530 crore in the second quarter as against rs 6543195 crore during the same period last fiscal tata motors said on a standalone basis the company posted a net loss of rs 121245 crore for the september quarter it had registered a net loss of rs 128197 crore in the same period last fiscal the total revenue from operations stood at rs 966810 crore as compared to rs 1000048 crore in the september quarter of 201920 jaguar land rover reported a revenue of 44 billion pound up 522 per cent from apriljune quarter this fiscal although it is 285 per cent lower compared to the same period a year ago pti published on oct 28 2020 at 0754 pm ist telegram facebook copy link be the first one to comment comment now comments comment now read comment 1 all comments post post find this comment offensive choose your reason below and click on the submit button this will alert our moderators to take actions reasons for reporting foul language defamatory inciting hatred against a certain community out of context spam others report join the community of 2m industry professionals subscribe to our newsletter to get latest insights analysis download etauto app get realtime updates save your favourite articles scan to download app tata motors shares commercial vehicle segment bse jaguar land rover pandemic homenewsindustrytata motors shares jump nearly 6