It is a broadly described annual report of Tata Motors in the year of 2016-2017. During the financial year, The Company’s income from operations including finance revenues decreased by 1.1% to Rs. 274,492.12 Crores in Fiscal 2017 from Rs. 277,660.59 Crores in Fiscal 2016. The Company’s net income declined by 35.6% to Rs. 7,454.36 Crores in Fiscal 2017 from Rs. 11,579.31 Crores in Fiscal 2016. Consolidated Profit before Tax (PBT) decreased to Rs. 9,314.79 Crores in Fiscal 2017, compared to Rs. 14,125.77 Crores in Fiscal 2016. Consolidated Profit for the year declined by 35.6% to Rs. 7,454.36 Crores in Fiscal 2017 from Rs. 11,579.31 Crores in Fiscal 2016.
Considering the continued weak operating environment in the standalone business and in view of the losses for the year, no dividend is permitted to be paid to the Members for Fiscal 2017, as per the Companies Act, 2013 (“the Act”) and the Rules framed thereunder.
More Annual Report of Tata Motors:
- Annual Report 2003-2004 of Tata Motors
- Annual Report 2004-2005 of Tata Motors
- Annual Report 2005-2006 of Tata Motors
- Annual Report 2006-2007 of Tata Motors
- Annual Report 2007-2008 of Tata Motors
- Annual Report 2008-2009 of Tata Motors
- Annual Report 2009-2010 of Tata Motors
- Annual Report 2010-2011 of Tata Motors
- Annual Report 2011-2012 of Tata Motors
- Annual Report 2012-2013 of Tata Motors
- Annual Report 2013-2014 of Tata Motors
- Annual Report 2014-2015 of Tata Motors
- Annual Report 2015-2016 of Tata Motors
- Annual Report 2016-2017 of Tata Motors