‘Getting Future Fit, Tata Tripled Profit in 5 Years'
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.'
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.
Explore courses from Top Institutes in
Please select course:
Select a Course Category
Data Analytics
Finance
Healthcare
MCA
Data Science
Digital Marketing
Cybersecurity
Management
CXO
MBA
Degree
Project Management
Public Policy
PGDM
Operations Management
others
Others
Technology
Leadership
Artificial Intelligence
Design Thinking
Product Management
Data Science
healthcare
Skills you'll gain:
Data Analysis & Visualization
Predictive Analytics & Machine Learning
Business Intelligence & Data-Driven Decision Making
Analytics Strategy & Implementation
Duration:
12 Weeks
Indian School of Business
Applied Business Analytics
Starts on
Jun 13, 2024
Get Details
'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
Indian Express
6 minutes ago
- Indian Express
‘A robust platform to empower young entrepreneurs': CM inaugurates CM YUVA Conclave
CHIEF MINISTER Yogi Adityanath on Wednesday inaugurated the CM YUVA Conclave and Expo-2025 in Lucknow. The CM YUVA Yojna has been launched under the Mukhyamantri Yuva Udyami Vikas Abhiyan. Adityanath said that over 68,000 youths have so far received interest-free and collateral-free loans amounting to Rs 2,751 crore under the scheme. The state government is offering 10 per cent margin money assistance to support budding entrepreneurs further. Highlighting the potential of Uttar Pradesh's youths, he said, 'CM YUVA Yojana is not just a financial aid programme, but a robust platform providing mentorship, market access and essential resources to empower young entrepreneurs.' He directed officials to ensure that at least 50 youngsters from each district visit the exhibition so they can gain firsthand knowledge about various government schemes, startup resources and market opportunities. He also inaugurated the exhibition and launched 'UP Mart', a portal for machinery suppliers, aimed at easing access to essential tools and equipment for startups. Also, 17 MoUs were signed in the CM's presence to boost entrepreneurship in the state. Underscoring the unique features of the scheme, Adityanath noted that it addresses the key challenges faced by aspiring entrepreneurs— lack of capital, training, and guidance. 'This is not just a scheme —it's a movement. A golden opportunity for every youth who has a dream but lacks resources,' he said. Addressing university Vice-Chancellors and youths at the CM YUVA Conclave, Chief Minister Yogi Adityanath expressed concern over the growing disconnect between academic institutions and society. 'Our institutions are becoming isolated islands, increasingly cut off from the people and government schemes. This disconnect is dangerous,' he said. He pointed out that due to lack of information, many young people fall prey to fraudulent schemes, get burdened by debt and are often left with no choice but to migrate in search of opportunities. 'But now, this cycle will end,' he asserted. The CM highlighted several initiatives launched to revive Uttar Pradesh's traditional industries, including handicrafts, cottage industries, and the MSME sector. 'Today, there is no licensing requirement for the first 1,000 days of starting a new enterprise in the state. We are also providing an insurance cover of ₹5 lakh to support young entrepreneurs,' he said. Reflecting on the 2017 Lok Kalyan Sankalp Patra of the BJP, prepared under the guidance of Prime Minister Narendra Modi, the Chief Minister said that a commitment was made to promote traditional industries through a dedicated scheme. Acting on this, a statewide survey was conducted post-2017, which revealed that every district had unique traditional enterprises. However, due to corruption, lawlessness, and large-scale migration, these industries had nearly collapsed. The CM said that the One District One Product (ODOP) scheme has helped boost Uttar Pradesh's exports from Rs 86,000 crore to over Rs 2 lakh crore. 'Earlier, Chinese products flooded the markets during festivals. Today, locally made ODOP items are finding a place in every household,' he added. He also announced that products from Uttar Pradesh would be prominently featured at an International Trade Show scheduled from September 25 to 29, 2025, at the India Expo Centre in Noida. 'The Buyer-Seller Meet held at this event has become a massive platform for showcasing the state's potential. No one would have imagined such innovation and enterprise from UP just a few years ago. From four lakh participants in the first year to five lakh in the second, the show is pushing forward our vision of taking local products to the global stage,' he said.
Time of India
9 minutes ago
- Time of India
US stock market today: S&P 500 falls, Dow Jones drops, Nasdaq offers relief. Check top performing stocks
S&P 500 edged down by 0.1 per cent, coming off its first loss after setting all-time highs for six successive days. The Dow Jones Industrial Average dropped 171 points, or 0.4 per cent, and the Nasdaq composite rose 0.1 per cent. S&P 500 slipped 7.96 points to 6,362.90. The Dow Jones Industrial Average dropped 171.71 to 44,461.28, and the Nasdaq composite rose 31.38 to 21,129.67. This came after doubts rose on Wall Street about whether the Federal Reserve will deliver economy-juicing cuts to interest rates by September. Stocks felt pressure from rising Treasury yields in the bond market after the Federal Reserve voted to hold its main interest rate steady. The move may upset President Donald Trump, who has been angrily lobbying for lower interest rates, but it was widely expected on Wall Street. Explore courses from Top Institutes in Please select course: Select a Course Category CXO Degree MBA Data Analytics PGDM Digital Marketing Technology Finance others Operations Management Design Thinking Leadership Artificial Intelligence Data Science Product Management Project Management healthcare MCA Data Science Public Policy Others Healthcare Cybersecurity Management Skills you'll gain: Customer-Centricity & Brand Strategy Product Marketing, Distribution, & Analytics Digital Strategies & Innovation Skills Leadership Insights & AI Integration Expertise Duration: 10 Months IIM Kozhikode IIMK Chief Marketing and Growth Officer Starts on Apr 7, 2024 Get Details Skills you'll gain: Operations Strategy for Business Excellence Organizational Transformation Corporate Communication & Crisis Management Capstone Project Presentation Duration: 11 Months IIM Lucknow Chief Operations Officer Programme Starts on Jun 30, 2024 Get Details Skills you'll gain: Digital Strategy Development Expertise Emerging Technologies & Digital Trends Data-driven Decision Making Leadership in the Digital Age Duration: 40 Weeks Indian School of Business ISB Chief Digital Officer Starts on Jun 30, 2024 Get Details Skills you'll gain: Technology Strategy & Innovation Emerging Technologies & Digital Transformation Leadership in Technology Management Cybersecurity & Risk Management Duration: 24 Weeks Indian School of Business ISB Chief Technology Officer Starts on Jun 28, 2024 Get Details A cut in rates would give the job market and overall economy a boost, but it could also risk fueling inflation when Trump's tariffs may be set to raise prices for U.S. consumers. The Fed's job is to keep both the job market and inflation in a good place. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Indonesia: New Container Houses (Prices May Surprise You) Container House | Search ads Search Now Undo Trump on Wednesday announced a 25 per cent tariff on imports coming from India, along with an additional tax because of India's purchases of Russian oil, beginning on August 1. That's when stiff tariffs Trump has proposed for many other countries are also scheduled to kick in, unless they reach trade deals that lower the rates. The yield on the two-year U.S. Treasury note rose to 3.93% from 3.86% late Tuesday. It tends to closely follow expectations for what the Fed will do with its overnight interest rate. Live Events The 10-year Treasury, which also takes into account longer-term expectations for the economy and inflation, rose to 4.36% from 4.34%. A report earlier in the morning suggested the U.S. economy's growth was much stronger during the spring than economists expected. But underlying trends beneath the surface may be more discouraging. 'Cutting through the noise of the swings in imports, the economy is still chugging along, but it is showing signs of sputtering,' said Brian Jacobsen, chief economist at Annex Wealth Management. On Wall Street, Humana rose 12.4% after the insurer and health care giant reported stronger results for the spring than expected. It also raised its forecasts for profit and revenue over the full year. Video-game maker Electronic Arts climbed 5.7% after likewise topping Wall Street's expectations. Companies are under pressure to deliver solid profit growth. They need to in order to justify the big jumps in their stock prices during recent months, which has caused some critics to say the broad U.S. stock market looks too expensive. Trane Technologies, whose stock came into the day with a 27.5% gain for the year so far, tumbled even though it reported a stronger-than-expected profit for the latest quarter. The heating, ventilation and air conditioning company's revenue came up short of analysts' estimates, as did its forecast for profit in the current quarter. It dropped 8.4%. Freeport-McMoRan, a copper producer with mines around the world, tumbled 9.5% after Trump signed an executive order to tax imports of copper at 50%. Starbucks stocks slipped 0.2% after reporting a weaker profit than analysts expected as it tries to turn around its operations. The company is hoping to boost its performance through improved store operations and new products, including a cold foam protein drink. In stock markets abroad, indexes were mixed across Europe and Asia. Hong Kong's Hang Seng fell 1.4%, and South Korea's Kospi rose 0.7% for two of the bigger moves. FAQs Q1. What are top three indexes of US Stock Market ? A1. Top three indexes of US Stock Market are S&P 500, Dow Jones, Nasdaq. Q2. How are Starbucks stocks performing? A2. Starbucks stocks slipped 0.2% after reporting a weaker profit than analysts expected as it tries to turn around its operations. The company is hoping to boost its performance through improved store operations and new products, including a cold foam protein drink.
Time of India
20 minutes ago
- Time of India
Thin ecosystem & low visibility keep Telangana startups away from big funding
Hyderabad: Telangana may be known as a tech hub, but only 37 startups from the state have secured funding through the Fund of Funds for Startups (FFS) scheme under the Startup India initiative. These startups received a total of Rs 600 crore through Alternative Investment Funds (AIFs). This figure is significantly lower compared to top-performing states. Karnataka leads with 396 startups backed and Rs 7,348 crore in funding, followed by Maharashtra with Rs 5,606 crore and Delhi with Rs 3,689 crore. In all, 1,282 startups across India have received Rs 23,679 crore in funding through AIFs, according to data tabled in the Lok Sabha. You Can Also Check: Hyderabad AQI | Weather in Hyderabad | Bank Holidays in Hyderabad | Public Holidays in Hyderabad Ramesh Loganathan, chief operating officer of the Centre for Innovation & Entrepreneurship (CIE), one of the largest academic incubators in the country, said the funding process lacks transparency and is tilted in favor of cities like Bengaluru and Noida. "It's not easy to get investments through the Fund of Funds scheme. There's limited transparency, clear bias towards certain cities, and we lack a robust startup ecosystem," he said. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Benefits of Trading Bitcoin CFDs IC Markets Learn More Undo He added that while Telangana has a fair number of startups, many don't meet quality benchmarks. "Even the top-tier startups tend to relocate to Bengaluru or other hubs in search of better ecosystems and visibility," he said. AIFs are pooled investment vehicles that draw funds from contributors and invest in unlisted companies, including startups. Investments are made in phases after a thorough evaluation and execution of agreements. Startup founders in Hyderabad echoed similar concerns. Saketha Pingali, founder of Smart Pharma, pointed to the time-consuming process and lack of visibility. "I don't apply for Startup India schemes because the process is long and uncertain. Unless the amount is substantial, it's not worth it," she said. "Even early-stage startups in Bengaluru get noticed because they're active online, with branding and regular updates. In Telangana, many strong startups go unnoticed due to a lack of visibility and investor presence." The data highlights the urgent need for strengthening Telangana's startup ecosystem if it wants to compete with the country's leading innovation hubs.
