Tata Motors pays ₹38,892 cr in taxes, levies in FY25, down 1% from FY24

Tata Motors has paid Rs 38,892 crore in tax and other contributions globally in 2024-25, a dip of 1 per cent as compared with Rs 39,344 crore in the FY24, according to its inaugural Tax Transparency Report.
Direct contributions, including, corporate income tax, surcharge and cess stood at Rs 25,766 crore last fiscal as compared with Rs 29,199 crore in 2023-24 fiscal, as per the report.
Indirect contributions, including withholding taxes collected from employee/payroll taxes, stood at Rs 12,189 crore in FY25, an increase of 31 per cent against Rs 9,284 crore in 2023-24 fiscal.
Other contributions, including provisions for Provident Fund and Employee Pension Scheme, stood at Rs 937 crore last fiscal.
It stood at Rs 861 crore in 2023-24 financial year.
For the 2024-25 fiscal, the company's consolidated net profit stood at Rs 28,149 crore, compared to Rs 31,807 crore in the preceding financial year.
Its total revenue in FY25 was Rs 4,39,695 crore, as against Rs 4,34,016 crore in FY24.
Tata Motors shares on Monday ended 1.52 per cent up at Rs 729.05 apiece on BSE.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Try Our AI Features

Explore what Daily8 AI can do for you:

Learn with AIFact CheckingText to SpeechAI Summary

Related Articles

Time of India

13 minutes ago

• Time of India

Govt to compensate highway operators, investors for losses due to annual pass scheme

NEW DELHI: The National Highways Authority of India (NHAI) will come up with a compensation framework for private highway operators and investors, including overseas pension funds, who have betted on the highway sector for the losses they incur after rollout of 'annual pass' for private vehicles on national highways and expressways from Aug 15. This is particularly important considering that the highway sector has recorded the best outcomes in govt's monetisation programme and NHAI will receive greater focus for the purpose in the next five years. Sources in the road transport ministry said a committee will work out the framework over the next one month after holding deliberations with the stakeholders. Players across road infrastructure value chain, including companies such as Cube Mobility and IRB Infrastructure and the Adani group, sovereign fund and asset managers like NIIF, and Canada Pension Plan Investment Board and Ontario Teachers' Pension Plan Board have invested heavily in the sector. There are also several NH stretches where private highway builders are collecting toll as per ongoing contracts. 'There are some apprehensions among private investors who have taken on completed projects under the monetisation programme about their losses since they have paid upfront, based on projection of traffic and toll revenue. But since we have to keep in mind the interests of all stakeholders, especially users, we are sticking to the Aug 15 timeline,' a top NHAI official said. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Free P2,000 GCash eGift UnionBank Credit Card Apply Now Undo NHAI has monetised its projects through three models — Toll Operate Transfer (TOT), infrastructure investment trusts (InvITs) and securitisation. The official added that work on the annual pass scheme had started months back and all implications have been worked out, based on past toll collection data. Data show that NHAI has achieved 71% of the monetisation target in the highway sector, raising Rs 1.2 lakh crore out of the targeted Rs 1.6 lakh crore till FY2024-25.

Time of India

15 minutes ago

• Time of India

Contract maker Zetwerk set to pump Rs 500–800 crore for component making

Zetwerk is looking to pump in Rs 500–800 crore as the Bengaluru-based unicorn embarks on manufacturing printed circuit boards (PCBs), enclosures and electromechanical components such as heat sinks and sensors, said its co-founder Rahul Sharma 'We are very excited about the component PLI (production-linked incentive) and have seen a lot of traction,' he told ET. While the application for the government's PLI scheme is being prepared, Zetwerk has forged technology tie-ups with companies in Taiwan and is eyeing setting up manufacturing plants over the next one year. 'We are in talks with a Taiwanese company for PCBs and have gotten into a definitive agreement with them," Sharma said. "We are also speaking to a South Korean company. And for products like enclosures, we are partnering with an Indian company since that capability already exists here. Within enclosures, we are looking at enclosures for laptops and non-Apple mobile brands and products." ETtech Live Events Zetwerk is also evaluating potential collaborations with Chinese companies, particularly in specialised areas like PCBs, he said. Discover the stories of your interest Blockchain 5 Stories Cyber-safety 7 Stories Fintech 9 Stories E-comm 9 Stories ML 8 Stories Edtech 6 Stories 'Recent policy developments have signalled a pragmatic approach toward allowing minority partnerships with Chinese firms, recognising the value they can bring in bridging critical technology gaps and supporting India's self-reliance goals. Once we receive the necessary government approvals, we will move forward with these partnerships,' he said. Once the necessary approvals are obtained, Zetwerk would set up the manufacturing units, Sharma said. 'We are already present in Uttar Pradesh, Haryana, Tamil Nadu and Karnataka with plants in the electronics sector. Now, with the component PLI, we would be setting up new plants and are in close talks with a few of the state governments,' he said. While Sharma did not name the states that Zetwerk was engaging with, he said none of them had reached a definitive agreement yet. He also said that segments like electromechanical components, unlike PCBs, can be housed within the existing units. 'PCBs cannot be stationed at the same place where our existing EMS (electronic manufacturing services) factories are stationed,' he said. 'It will definitely be in a different place because it has different requirements for polishing control, power and other factors. Same goes for enclosures where we don't have to have these facilities situated in our existing clusters." Sharma further said, 'We have also hired one of the big four firms to help us prepare an application which is suitable for the government to evaluate.'

Economic Times

16 minutes ago

• Economic Times

Contract maker Zetwerk set to pump Rs 500–800 crore for component making

Synopsis Zetwerk plans to invest Rs 500–800 crore in manufacturing printed circuit boards (PCBs), enclosures, and electromechanical components. Cofounder Rahul Sharma mentioned the company is preparing for the government's PLI scheme and has technology tie-ups with Taiwanese companies. Zetwerk is also exploring collaborations with South Korean and Chinese firms, pending government approvals, to enhance India's self-reliance in electronics manufacturing.