Tata Motors' consolidated net profit was up more than 1,200 per cent to 32,203 crore in FY24 from the 2,351 crore in FY23. The automaker accounted for 36 per cent of the group profits in FY24, a sharp jump from the 3.5 per cent the previous year.
The combined net profits (adjusted for exceptional gains and losses) of the group's listed companies were up 34.9 per cent year-on year (Y-o-Y) to an all-time high of ₹89,766 crore in FY24 from the ₹66,526 crore a year earlier.
With this, the group's combined net profits in the last five years went up at a compound annual growth rate (CAGR) of 15.9 per cent, up from the 3 per cent for the FY14 to FY19 period. However, the group companies' combined earnings had increased at a CAGR of 23.5 per cent during FY09-14, albeit partly due to a small base and a big acquisition. The group's net sales were up 12.4 per cent to ₹11.03 trillion in FY24 from 9.82 trillion in FY23.
この記事は Business Standard の July 02, 2024 版に掲載されています。
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この記事は Business Standard の July 02, 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、9,000 以上の雑誌や新聞にアクセスしてください。
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