Tata Motors shares in focus as global tax outgo touches Rs 38,892 cr in FY25
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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.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.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.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 : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
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