Annual Report 2006-2007 of Tata Motors

It is a broadly described annual report of Tata Motors in the year of 2006-2007. During the financial year, The Company’s Turnover, net of excise duties, increased by 33.3% to another record high of Rs. 27,535.24 Crores from Rs. 20,653.49 Crores in FY 2005-06. Profit before Tax (PBT) of the Company increased by 25.3% to Rs. 2,573.18 Crores from Rs. 2,053.38 Crores in FY 2005-06. The total tax provision for current and deferred tax was at Rs. 659.72 Crores as compared to Rs. 524.50 Crores in FY 2005-06. Profit after Tax (PAT) increased by 25.2% to Rs. 1,913.46 Crores from Rs. 1,528.88 Crores in FY 2005-06. Net Current Assets of the Company increased to Rs. 2,784.05 Crores in FY 2006-07 from Rs. 2,545.95 Crores in FY 2005-06. Basic Earnings per Share (EPS) increased by 22.7% to Rs. 49.76 as compared to Rs. 40.57 last year.

The Board of the Directors has recommended payment of a dividend of Rs.15/- per share on 38,53,81,536 Ordinary Shares fully paid-up for the Financial Year 2006-07 (previous year – Rs.13/- per share).

More Annual Report of Tata Motors: