Tata Q4 net up at Rs 458.11 cr | india | Hindustan Times
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Tata Q4 net up at Rs 458.11 cr

Tata Motors posted a net profit after tax of Rs 458.11 cr for the quarter as against Rs 388.17 cr for the same quarter last fiscal.

india Updated: May 24, 2006 11:52 IST

Tata Motors on Friday posted a net profit after tax of Rs 458.11 crore for the quarter ended March 31, as against Rs 388.17 crore for the same quarter last fiscal.

The financial results include the results of the operations of some of the erstwhile companies and hence are not comparable, the automobile major informed the stock exchanges.

The total income (net of excise) was Rs 6,887.17 crore for the fourth quarter of 2005-06 where as the same was at Rs 5368.47 crore in the corresponding quarter in 2004-05, it added.

For the year ended March 31, the company posted a net profit after tax of Rs 1,528.88 crore where the same was at Rs 1,236.95 crore a year ago and the total income (net of excise) was Rs 20,891.31 crore for the financial year 2005-06 where as the same was at Rs 17585.22 crore in 2004-05.

The board of directors recommended a dividend of Rs 13 on share of Rs 10 each (130 per cent ) for financial year 2005-06, subject to approval of the shareholders.

The above financial results for the quarter, year ended March 31, include the results of the operations of erstwhile Tata Finance Ltd (TFL), Telco Dadajee Dhackjee Ltd (TDDL) and Suryodaya Capital and Finance (Bombay) Ltd (SCFL) and therefore are not comparable.

The shares of the company closed at Rs 848.90, down 2.75 per cent on the BSE.