Annual Report 2009-2010 of Tata Motors

It is a broadly described annual report of Tata Motors in the year of 2009-2010. During the financial year, The Company’s Turnover net of excise duty increased by 38.9% to Rs. 35,593.05 Crores in 2009-10 from Rs. 25,629.73 Crores in 2008-09. Gross turnover from the sale of vehicles including export and other incentives increased by 37.1% to Rs. 34,677.40 Crores from Rs. 25,302.71 Crores in 2008-09. Profit before Tax (PBT) of the Company increased to Rs. 2,829.54 Crores from Rs. 1,013.76 Crores in 2008-09, representing an increase of 179.1%. Profit after Tax (PAT) of the Company increased by 123.7% to Rs. 2,240.08 Crores from Rs. 1,001.26 Crores in 2008-09. Basic Earnings per Share (EPS) increased to Rs. 42.37 as compared to Rs. 22.70 last year for Ordinary Shares and Rs. 42.87 as compared to Rs. 23.20 for ‘A’ Ordinary Shares.

The Board of Directors has recommended a dividend of Rs.15/- per share on the increased capital of 506,381,356 Ordinary Shares of Rs.10/- each (previous year- Rs.6/- per share) and Rs.15.50 per share on 64,176,560 ‘A’ Ordinary Shares of Rs.10/- each (previous year- Rs 6.50 per share) and any further Ordinary Shares and/or ‘A’ Ordinary Shares that may be allotted by the Company prior to August 12, 2010 for 2009-10.

More Annual Report of Tata Motors: