Tata Motors: Fiscal 2Q Earnings Snapshot

MUMBAI, India (AP) _ Tata Motors Ltd. (TTM) on Tuesday reported a loss of $42.4 million in its fiscal second quarter.

On a per-share basis, the Mumbai, India-based company said it had a loss of 6 cents.

The automaker posted revenue of $7.21 billion in the period.

Tata Motors shares have dropped 27% since the beginning of the year. The stock has fallen 11% in the last 12 months.