Annual Report 2010-2011 of Tata Motors

It is a broadly described annual report of Tata Motors in the year of 2010-2011. During the financial year, The Company’s Turnover net of excise duties increased by 34.9% to Rs. 48,040.46 Crores from Rs. 35,593.05 Crores in 2009-10. Gross turnover from the sale of vehicles, including export and other incentives, increased by 37.0% to Rs. 47,507.65 Crores from Rs. 34,677.40 Crores in 2009-10. Profit before Tax (PBT) of the Company of Rs. 2,196.52 Crores represented 4.5% of net revenues in 2010-11 as compared to PBT of Rs. 2,829.54 Crores representing 7.9% of net revenues in 2009-10. Profit after Tax (PAT) of the Company decreased by 19.1% to Rs. 1,811.82 Crores from Rs. 2,240.08 Crores in 2009-10. Basic Earnings per Share (EPS) decreased to Rs. 30.28 as compared to Rs. 42.37 in the previous year for Ordinary Shares and Rs. 30.78 as compared to Rs. 42.87 for ‘A’ Ordinary Shares in the previous year

The Board of Directors have recommended a dividend of Rs.20/- per share on the increased capital of 53,83,22,483 Ordinary Shares of Rs.10/- each (previous year: Rs.15/- per share) and Rs.20.50 per share on 9,63,86,471 ‘A’ Ordinary Shares of Rs.10/- each (previous year: Rs.15.50 per share) fully paid-up and any further Ordinary Shares and/or ‘A’ Ordinary Shares that may be allotted by the Company prior to 21^st July 2011 for 2010-11 and will be paid on or after 16^th August 2011.

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