Annual Report 2005-2006 of Tata Motors

It is a broadly described annual report of Tata Motors in the year of 2005-2006. During the financial year, The Company’s Turnover, net of excise duties, increased by 18.8% to another record high of Rs. 20,891.31 Crores from Rs. 17,585.22 Crores in 2004-05. Fixed Assets of the Company increased to Rs. 4521.23 Crores in 2005-06 from Rs. 3696.51 Crores in 2004-05. Profit before Tax (PBT) of the Company increased by 24.3% to Rs. 2,053.38 Crores from Rs. 1651.90 crores in 2004-05. The total tax provision for current and deferred tax was at Rs. 524.50 Crores as compared to Rs. 414.95 Crores in 2004-05. Profit after Tax (PAT) increased by 23.6% to Rs. 1,528.88 Crores from Rs. 1,236.95 Crores in 2004-05. Earnings per share (EPS) increased by 18% to Rs. 40.57 as compared to Rs. 34.38 last year.

The Board of Directors has recommended payment of a dividend of Rs. 13/- per share on 38,30,78,588 Ordinary Shares and any further shares that may be allotted by the Company on conversion of Notes prior to 27^th June 2006 for the year 2005-06.

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