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Business Standard
2 days ago
- Business
- Business Standard
Vedanta contributed ₹4.5 trn to govt in last 10 yrs, ₹55,349 cr in FY25
Anil Agarwal-led Vedanta Ltd has contributed Rs 4.5 lakh crore to the government exchequer over the last 10 years. In its annual Tax Transparency Report (TTR), the company reaffirmed its commitment to transparent and responsible tax practices. The company said it has "contributed Rs 4,48,830 crore to exchequer across its domestic and international operations over the past decade (FY15-16 to FY24-25)." In FY25 alone, the company contributed Rs 55,349 crore (37 per cent of the consolidated revenue) through direct and indirect taxes, royalties, dividends, and other statutory payments. Of this, Rs 54,595 crore was contributed to the exchequer. In India, Vedanta has operations in 15 states, with Rajasthan operations contributing Rs 25,436 crore and Odisha Rs 9,176 crore to the exchequer in FY25. Vedanta Ltd, a subsidiary of Vedanta Resources, is one of the world's leading natural resources, critical minerals, energy and technology companies, spanning across India, South Africa, Namibia, Liberia, UAE, among others.
Economic Times
27-05-2025
- Automotive
- Economic Times
Tata Motors shares in focus as global tax outgo touches Rs 38,892 cr in FY25
Live Events Tata Motors share price history (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel Shares of Tata Motors are likely to be in the spotlight on Tuesday after the automaker revealed in its inaugural Tax Transparency Report that it paid Rs 38,892 crore in global taxes and other contributions for marks a decline of 1% from Rs 39,344 crore in dip came primarily due to a drop in direct tax contributions, which stood at Rs 25,766 crore in FY25, compared to Rs 29,199 crore the previous year. However, this decline was offset to some extent by a significant jump in indirect tax outgo, including withholding and payroll taxes, surged 31% year-on-year to Rs 12,189 crore, up from Rs 9,284 crore in contributions, such as provisions for Provident Fund and Employee Pension Scheme, stood at Rs 937 crore in FY25, slightly higher than Rs 861 crore in the prior the slight decline in tax outgo, Tata Motors reported a consolidated net profit of Rs 28,149 crore for FY25, down from Rs 31,807 crore in FY24. Total revenue for the year came in at Rs 4,39,695 crore, up from Rs 4,34,016 crore in the previous the past year, Tata Motors' stock has declined by 24.12%. On a year-to-date (YTD) basis, it is down by 2.70%, while the six-month return stands at a negative 6.92%.However, the stock has shown signs of recovery more recently, rising 10.17% over the last three months and gaining 11.33% in the past Monday, the shares of Tata Motors closed 1.5% higher at Rs 729.05 on the BSE : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Time of India
27-05-2025
- Automotive
- Time of India
Tata Motors shares in focus as global tax outgo touches Rs 38,892 cr in FY25
Shares of Tata Motors are likely to be in the spotlight on Tuesday after the automaker revealed in its inaugural Tax Transparency Report that it paid Rs 38,892 crore in global taxes and other contributions for FY25. This marks a decline of 1% from Rs 39,344 crore in FY24. The dip came primarily due to a drop in direct tax contributions, which stood at Rs 25,766 crore in FY25, compared to Rs 29,199 crore the previous year. However, this decline was offset to some extent by a significant jump in indirect tax contributions. Play Video Pause Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 0:00 Loaded : 0% 0:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track default , selected Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Indirect outgo, including withholding and payroll taxes, surged 31% year-on-year to Rs 12,189 crore, up from Rs 9,284 crore in FY24. Other contributions, such as provisions for Provident Fund and Employee Pension Scheme, stood at Rs 937 crore in FY25, slightly higher than Rs 861 crore in the prior fiscal. Live Events Despite the slight decline in tax outgo, Tata Motors reported a consolidated net profit of Rs 28,149 crore for FY25, down from Rs 31,807 crore in FY24. Total revenue for the year came in at Rs 4,39,695 crore, up from Rs 4,34,016 crore in the previous fiscal. Also read: Eternal shares drop 4.5% on foreign shareholding cap Tata Motors share price history Over the past year, Tata Motors' stock has declined by 24.12%. On a year-to-date (YTD) basis, it is down by 2.70%, while the six-month return stands at a negative 6.92%. However, the stock has shown signs of recovery more recently, rising 10.17% over the last three months and gaining 11.33% in the past month. On Monday, the shares of Tata Motors closed 1.5% higher at Rs 729.05 on the BSE . ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
India Today
27-05-2025
- Business
- India Today
Stocks to watch on May 27: IndiGo, LIC, FirstCry, Borana Weaves, Tata Motors
Dalal Street started the week on a positive note, with both Sensex and Nifty gaining over 0.5% on Monday. The rise was mainly led by metal and auto stocks. Positive global cues and encouraging news on the domestic front gave investors more confidence. Investors will be hoping that Sensex and Nifty can maintain their winning run, adding to their wealth. "As the Nifty once again approaches its previous swing high, sustained strength in key sectors, especially banking, will be crucial to surpass the 25,200 hurdle and regain upward momentum. In the meantime, traders are advised to remain stock-specific and use any intermediate dips or pauses as opportunities to accumulate quality names across sectors," said Ajit Mishra, Senior Vice President, Research at Religare Broking Ltd.Q4 RESULTS DUE TODAYSeveral companies are set to report their quarterly earnings on May 27. These include Life Insurance Corporation of India (LIC), Bosch, Bharat Dynamics, NMDC, Zinka Logistics Solutions, Carraro India, DCX Systems, EPACK Durable, Gujarat Fluorochemicals, Gateway Distriparks, Hindustan Copper, JK Lakshmi Cement, Medplus Health Services, Minda Corporation, Info Edge, (India), Rashtriya Chemicals and Fertilisers, Triveni Engineering & IndustriesBORANA WEAVESThe shares of Borana Weaves will be listed on the stock exchanges today. The IPO received strong interest from investors during its subscription period. The company is expected to make a positive market debut based on the demand seen earlier and its latest GMPINTERGLOBE AVIATION (INDIGO)Rakesh Gangwal, a foreign promoter of InterGlobe Aviation, is expected to sell up to a 3.4% stake in the company through block deals. According to a report by CNBC-TV18, the sale could fetch around Rs 6,831 crore. The floor price for the stake sale is set at Rs 5,175 per (BRAINBEES SOLUTIONS)Brainbees Solutions, the parent company of FirstCry, reported a net loss of Rs 111 crore in the fourth quarter of FY25. This is a sharp rise in losses compared to the Rs 43 crore loss reported in the same quarter last TECHNOLOGIESNazara Technologies posted a strong set of numbers for Q4FY25. The company's consolidated net profit rose by 90% year-on-year to Rs 16 crore, compared to Rs 8 crore in the same quarter a year board of Dabur India Ltd has approved the merger of Sesa Care with the company. Further details of the merger are MEDICAREShilpa Medicare reported a 41% decline in its net profit for the March quarter. The company posted a net profit of Rs 15 crore, while revenue from operations stood at Rs 331 MOTORSTata Motors announced in its first-ever Tax Transparency Report that it paid Rs 38,892 crore in tax and other contributions globally during 2024-25. This amount is slightly lower than the Rs 39,344 crore paid in the previous year, marking a drop of 1%.advertisement(Disclaimer: The views, opinions, recommendations, and suggestions expressed by experts/brokerages in this article are their own and do not reflect the views of the India Today Group. It is advisable to consult a qualified broker or financial advisor before making any actual investment or trading choices.)
Time of India
27-05-2025
- Automotive
- Time of India
Tata Motors global tax outgo at ₹38,892 crore in FY25
Tata Motors has paid ₹38,892 crore in tax and other contributions globally in 2024-25, a dip of 1 per cent as compared with ₹39,344 crore in the FY24, according to its inaugural Tax Transparency Report. Direct contributions, including, corporate income tax, surcharge and cess stood at ₹25,766 crore last fiscal as compared with ₹29,199 crore in 2023-24 fiscal, as per the report. Indirect contributions, including withholding taxes collected from employee/payroll taxes, stood at ₹12,189 crore in FY25, an increase of 31 per cent against ₹9,284 crore in 2023-24 fiscal. Other contributions, including provisions for Provident Fund and Employee Pension Scheme, stood at ₹937 crore last fiscal. It stood at ₹861 crore in 2023-24 financial year. For the 2024-25 fiscal, the company's consolidated net profit stood at ₹28,149 crore, compared to ₹31,807 crore in the preceding financial year. Its total revenue in FY25 was ₹4,39,695 crore, as against ₹4,34,016 crore in FY24. Tata Motors shares on Monday ended 1.52 per cent up at ₹729.05 apiece on BSE.
