Annual Report 2008-2009 of Tata Motors

It is a broadly described annual report of Tata Motors in the year of 2008-2009. During the financial year, The Company’s Turnover, net of excise duties reduced by 10.7% to Rs. 25,660.79 Crores from Rs. 28,739.41 Crores in FY 2007-08. Profit before Tax (PBT) of the Company reduced to Rs. 1,013.76 Crores from Rs. 2,576.47 Crores in FY 2007-08. Profit after Tax (PAT) decreased by 50.7% to Rs. 1,001.26 Crores from Rs. 2,028.92 Crores in FY 2007-08. Basic Earnings per Share (EPS) decreased to Rs. 22.70 as compared to Rs. 52.64 last year for Ordinary Shares. Basic EPS for ‘A’ Ordinary Shares is Rs. 23.20. The Company’s Fixed Assets including Capital Work in Progress increased to Rs. 14,599.31 Crores in FY 2008-09 from Rs. 10,452.27 Crores in FY 2007-08.

The Board of Directors has recommended a reduced dividend of Rs.6/- per share on the increased capital of 44,98,32,659 Ordinary Shares of Rs.10/- each (previous year – Rs.15/- per share) and Rs.6.50 per share on 6,41,75,655 ‘A’ Ordinary Shares of Rs.10/- each (previous year – NIL per share) fully paid-up for the Financial Year 2008-09.

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