Tata Motors reports a loss of $521.8 M in 2008-2009

India's Tata Motors suffered a loss of 25.05B rupees ($521.8M) after taxes in the past fiscal year as the global meltdown exacted a toll on the auto ind worldwide. The loss came after a year in that it recorded a profit of 21.67B rupees ($451M) after taxes. It reported a consolidated gross revenue 741.51B rupees ($15.44B) in 2008-'09. India's financial year runs from April to March 31. "The consolidated financial performance of the company isn