TaMo PAT grows 3-fold; India biz now debt free
Business Standard|May 11, 2024
Mumbai-headquartered Tata Motors has posted a more than threefold jump in its profit after tax (PAT) for the fourth quarter of 202324 to 17,528 crore, riding on 13.3 per cent growth in revenue.
SOHINI DAS
TaMo PAT grows 3-fold; India biz now debt free

Consolidated revenues for the quarter came in at nearly 1.20 trillion.

For the full year, the auto giant posted a 12-fold jump in net profit to ₹31,806 crore.

Consolidated revenues for the full year were the highest ever at nearly ₹4.38 trillion. In FY24 the company had the best ever revenue; the highest ever earnings before interest, tax, depreciation and amortisation, or Ebitda (₹62,800 crore); the highest ever profit before tax and exceptional items (28,900 crore); the highest ever free cash flow for the auto business (26,900 crore); and the highest ever dividend payout (2,310 crore).

The stock reacted positively to the results, which came in line with analyst estimates, ending the day's trade on the BSE at ₹1,046.85, up 1.62 per cent.

この記事は Business Standard の May 11, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、8,500 以上の雑誌や新聞にアクセスしてください。

この記事は Business Standard の May 11, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、8,500 以上の雑誌や新聞にアクセスしてください。

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