Tata Group doubles revenue, triples profit and market cap in five years with Rs 5.5 lakh crore ‘future fit' push: N Chandrasekaran
Tata Sons chairman N Chandrasekaran
, in the latest annual report.
The group has sought to alter strategies that "may have aged poorly with time and changing economic conditions."
Explore courses from Top Institutes in
Please select course:
Select a Course Category
MCA
Leadership
Finance
Technology
healthcare
Design Thinking
PGDM
Cybersecurity
CXO
others
Public Policy
Operations Management
Artificial Intelligence
Project Management
Healthcare
Others
Degree
Product Management
Data Analytics
Digital Marketing
Data Science
MBA
Data Science
Management
Skills you'll gain:
Programming Proficiency
Data Handling & Analysis
Cybersecurity Awareness & Skills
Artificial Intelligence & Machine Learning
Duration:
24 Months
Vellore Institute of Technology
VIT Master of Computer Applications
Starts on
Aug 14, 2024
Get Details
Global geopolitical, macro uncertainties
Group revenue from all listed and unlisted entities was Rs 15.34 lakh crore in FY25, with net profit at Rs 1.13 lakh crore and market cap at Rs 37.84 lakh crore, according to the Tata Sons report.
'Tata group has been on a transformational journey towards financial and strategic fitness,' Chandrasekaran said in the report reviewed by ET.
'It is my deep conviction that we must be fit to perform. To do that, we must be honest that some decisions that might have appeared ideal when they were taken may have aged poorly... As a result, our mantra in the last few years was 'fitness first, velocity next'.'
Some of the businesses have been cyclical, while uncertain geopolitics and economics have also been challenges.
TCS
continues to be the group profit engine. It accounted for 43% of group net profit in FY25. Tata Sons posted a 24% rise in FY25 revenue to Rs 5.92 lakh crore, while net profit fell 17% to Rs 28,898 crore from a year ago.
There was no explanation given for the decline.
Tata Sons dividend
, however, doubled to Rs 1,414.5 crore from Rs 707.2 crore in FY24. The holding company had 323 subsidiaries, 39 associates and 32 joint ventures in FY25. On a standalone basis, revenue fell 12% to Rs 38,834.6 crore in FY25, from Rs43,893 crore in the previous year.
That FY24 number had included a profit of Rs 9,375.7 crore from the sale of investments. Profit after tax fell 24% to Rs 26,231.7 crore in FY25.
'Financial discipline is vital, as mistakes are costly distractions from our purpose. Even as parts of Tata group drive unprecedented ambition in new industries, I stay committed to driving predictability in the rest of our portfolio,' said Chandrasekaran, who drew a remuneration of Rs 155.61 crore, including commission, during FY25, a 15% jump from the year before, putting him among India's highest paid CEOs.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
India.com
14 minutes ago
- India.com
After two failed businesses, This Delhi man built Rs 200000000 company in just 3 years, his unique idea was to..., his net worth is...
New Delhi: From facing early setbacks in his father's established business to founding his own refurbished mobile phone business, Neeraj Chopra's entrepreneurial journey has all the makings of a Bollywood blockbuster — drama, setbacks, a unique idea, and an impressive comeback. Today, when everyone has a mobile phone in their hand, Neeraj turned this very device into a business worth crores. Without any major investment or marketing, he launched a startup named Zobox, which refurbishes old mobile phones and sells them again — all in an eco-friendly manner. In a mere three years, Zobox has achieved a turnover of Rs. 20 crore. The range of mobile phones available at Zobox spans across various well-known brands, ensuring there's something for every customer. 'Opting for refurbished mobile phones allows our customers to save money while also playing a part in creating a sustainable future,' says Neeraj, the founder of Delhi-based Zobox to the Weekend Leader. 'We are all about making eco-friendly choices and promoting responsible consumerism.' All you need to know about Zobox: Zobox's refurbished phones are priced 30-50 per cent lower than the maximum retail price of new models. The refurbished phones come with a six-month warranty For instance, if a brand-new handset costs Rs. 10,000, Zobox offers the refurbished version of the same model for just Rs. 3,000-5,000. Each phone listed on the Zobox app 'Zobiz' undergoes a rigorous inspection and certification process, guaranteeing quality and reliability. Launched in December 2020, Zobox operates under the registered name, Zobox Retails Private Limited. Started in 2020 with just Rs 50 lakh in capital and a team of 8–10 people, the company crossed a turnover of Rs 20 crore in just three years. Today, Neeraj's net worth is around Rs 37 crore, and Zobox is rapidly expanding its footprint across the country. Neeraj Chopra: Man Who Earned Rs 20 Crore Business in Just Three Years Neeraj was born into a business-class family in Delhi Neeraj's initial business experiences were marked by struggles and learning curves. His father, who was trading in pesticides and seeds, later ventured into the wholesale business of electronic components in Delhi's renowned Old Lajpat Rai Market. Neeraj finished his Class 12 at Naval Public School, Delhi, in 1998 Neeraj went on to pursue his from Satyawati College under Delhi University. When Neeraj started his college journey, his father took him under his wing to teach him about the family business. At 18, he was sent to Hong Kong to gain practical experience by working with his uncle. His life in Hong Kong was focused on the import of electronic components from China and then selling them in India. Returned to India in 2010 After the death of his uncle in 2010, Neeraj returned to India and joined the family business. However, working in the country proved to be a challenging experience for him. He later ventured into his own businesses in sectors like real estate and power banks, but faced losses in both. He observed that just like Cars24 resells used cars, mobile phones could also be refurbished and sold again. This thought led to the birth of Zobox — a startup that repairs and refurbishes old mobile phones and sells them at affordable prices.
Time of India
14 minutes ago
- Time of India
Sensex falls over 100 pts, Nifty below 24,700 amid US trade deal jitters
Indian equity benchmarks experienced a decline for the fourth consecutive session, influenced by uncertainties surrounding a delayed interim trade agreement with the U.S. and continuous foreign fund outflows. Weak corporate earnings further contributed to the downward pressure. Investor sentiment remains fragile amidst geopolitical and economic concerns, with specific stocks like Bharat Electronics and Infosys facing losses. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Experts View Global Markets Tired of too many ads? Remove Ads FII/DII Tracker Indian equity benchmarks opened lower for the fourth consecutive session on Tuesday, weighed down by uncertainty over a delayed interim trade deal with the United States, continued foreign fund outflows, and weak corporate 9:24 am, the BSE Sensex was down 117 points, or 0.15%, at 80,73, while the Nifty50 declined 36 points, or 0.15%, to 24, portfolio investors (FPIs) offloaded Indian equities worth Rs 6,081 crore ($700.92 million) on Monday, as per provisional data — their biggest single-day selling since May 30. The sharp outflow has heightened concerns about near-term market sentiment remains fragile ahead of the August 1 deadline set by U.S. President Donald Trump for progress on a trade agreement, with fears growing over potential geopolitical and economic repercussions from further early trade, Bharat Electronics (BEL), Eternal, Infosys, ICICI Bank, TCS, and HDFC Bank were among the top laggards on the Sensex, falling up to 2.5%. Meanwhile, Reliance Industries, Adani Ports, Tata Motors, and Power Grid opened in the the sectoral front, the Nifty IT index slipped 0.4%, weighed down by losses in Infosys, Wipro, and Coforge. In contrast, Nifty Metal, Realty, and Oil & Gas indices gained over 0.5%, offering some support to the the broader market, the Nifty Midcap 100 edged up 0.1%, while the Nifty Smallcap 100 declined 0.4%, reflecting mixed sentiment across individual stocks, Waaree Energies surged over 4% after the company reported an 89% YoY jump in consolidated net profit for Q1 FY26, coming in at Rs 745 crore compared to Rs 394 crore in the same period last year."There are more headwinds than tailwinds for the market now. The major issue weighing on markets is that the expected trade deal between India and the US has not happened so far and the probability of a deal before the August 1 deadline is becoming lower. President Trump's success in reaching deals with Japan and EU, which were advantageous for the US, may further make the US position harder on deal with India," said Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Investments."Sustained FII selling is impacting the market despite the DII buying. It is better to remain in a wait and watch mode," Vijayakumar Matalia, Derivative Analyst at Choice Broking, said, "After a negative opening, Nifty can find support at 24,600 followed by 24,500 and 24,300. On the higher side, 24,800 can be an immediate resistance, followed by 24,900 and 25,000."Asia shares eased on Tuesday while the euro nursed its losses as investors pondered the downside of the U.S.-EU trade deal and the reality that punishing tariffs were here to stay, with unwelcome implications for growth and Nikkei eased 0.8%, while Chinese blue chips fell 0.1%.European shares steadied after Monday's sell-off. EUROSTOXX 50 futures edged up 0.2%, while FTSE futures and DAX futures both added 0.1%. S&P 500 futures nudged up 0.1%, while Nasdaq futures added 0.2%.The selling from Foreign institutional investors (FIIs) extended for the sixth day as they sold equities worth Rs 6,082 crore on July 28, while Domestic institutional investors (DIIs) bought equities worth Rs 6,764 crore on the same day.
Time of India
14 minutes ago
- Time of India
Waaree Energies shares rally 4% after Q1 profit surges 89% YoY to Rs 745 crore
Waaree Energies reported an 89% YoY surge in Q1 FY26 net profit to Rs 745 crore, driven by strong performance in its solar PV and EPC segments. Revenue rose 30% to Rs 4,426 crore. Despite solid growth and a 49% six-month stock return, analysts remain cautious, with a consensus 'Sell' rating and a target price implying 16% Strong Q1 for Waaree, but analysts stay cautious. Tired of too many ads? Remove Ads Segment Revenue Breakdown Tired of too many ads? Remove Ads Waaree Energies Stock Outlook Shares of Waaree Energies gained 4.2% to Rs 3241.15 on the BSE on Tuesday after the company reported an 89% year-on-year (YoY) jump in consolidated net profit for Q1 FY26, coming in at Rs 745 crore compared to Rs 394 crore in the same period last from operations stood at Rs 4,426 crore, up 30% from Rs 3,408 crore reported in the corresponding quarter of the previous financial a sequential basis, profit grew 20% from Rs 619 crore in the March quarter, while revenue rose nearly 11% from Rs 4,004 Energies operates across three verticals: solar photovoltaic (PV) modules, engineering-procurement-construction (EPC), and power generation. Solar PV Modules : Revenue rose to Rs 3,872 crore in Q1 FY26, up from Rs 3,617 crore in Q4 FY25 and Rs 3,178 crore in Q1 FY25.- EPC Segment: Revenue came in at Rs 589 crore, compared to Rs 465 crore in Q4 FY25 and Rs 226 crore a year earlier.- Power Generation: Revenue remained flat YoY at Rs 11 crore, versus Rs 8 crore in the previous expenses for the quarter stood at Rs 3,654 crore, compared to Rs 3,291 crore in Q4 and Rs 2,966 crore in Q1 FY25. These include costs related to raw materials, stock-in-trade, and employee to Trendlyne, the average target price for Waaree Energies is Rs 2,607, implying a downside of about 16% from current levels. Among the four analysts tracking the stock, the consensus recommendation is 'Sell'.While the stock is up over 9% in 2025 so far, it has delivered a strong 49% return over the past six months. The company currently commands a market capitalisation of around Rs 89,368 crore.
