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.
This story is from the May 11, 2024 edition of Business Standard.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the May 11, 2024 edition of Business Standard.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber? Sign In
Investing for children: Buy house or opt for MFs?
I was speaking to Meera and her spouse, Karan, about their financial plan.
Failure to report foreign income leads to loss of DTAA benefit
Not reporting foreign assets and income may also result in penalty and even jail sentence
Sparks fly after Musk's EVM post, Chandrasekhar offers 'tutorial'
Tesla and SpaceX Chief Executive Officer (CEO) Elon Musk has said that electronic voting machines (EVMs) should be eliminated as they are prone to \"getting hacked\" by humans or AI (artificial intelligence).
Fresher hiring in IT sector tumbles to 2-decade low
India's software services companies have hired between 60,000 and 70,000 freshers in FY24, the lowest intake in two decades, according to HR firm Xpheno.
DAUGHTERS INC
The unfolding succession at several Indian family businesses is shining the spotlight on daughters
Is Nabfid the answer to India's infra woes?
Though earlier such attempts had failed, Nabfid should succeed as the ecosystem is changing
Fintech's time and tide for turning
A self-regulatory framework will reshape how the sector does business but it must find people who will helm the system
Seven things digital lenders must do to manage risks
Every adversity brings with it the seed of an equivalent advantage, said Napoleon Hill in his bestselling book Think and Grow Rich.
Macrotech and Oberoi Realty elevate Mumbai skyline with highrise sales
ARCHITECTS OF MARKET DOMINANCE: Leading largecap realty stocks with 29% to 33% gains in recent surge
Unveiling a champion: How this fund beats the rest
HDFC Flexi Cap Fund, launched in January 1995, has consistently ranked in the top 30th percentile of the flexicap fund category in the CRISIL Mutual Fund Ranking (CMFR) for three consecutive quarters through March 2024.