Ratan Tata Vs Cyrus Mistry: What the balance sheets say | business-news | Hindustan Times
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Ratan Tata Vs Cyrus Mistry: What the balance sheets say

business Updated: Oct 25, 2016 20:45 IST
Jyotindra Dubey
Jyotindra Dubey
Hindustan Times
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Former Tata Group Chairman Cyrus Mistry speaks to shareholders during an annual general meeting in Mumbai.(Reuters)

Ratan Tata is now interim Chairman of Tata Sons after Cyrus Mistry.

Mistry served the post for almost four years. The market capitalisation of salt-to-software conglomerate doubled from Rs 4.6 lakh crore in December 2012 since Mistry took over. Also, the aggregate revenues grew up 42%.

But the group saw a dip in their rate of growth if we compare Mistry’s tenure with Ratan Tata’s last four years at Tata Sons.

The aggregate market capitalisation of all Tata group’s listed companies is Rs 8.34 lakh crores. TCS alone makes up for 58% of the total market capitalisation and 53% of the group’s combined net profit.

While, TCS’ share in revenues is only 18% while the rest is contributed by the other 27 listed companies of the group.