Tata Motors India biz net debt lowest in 15 years, declares dividend first time since 2016
The auto major has announced a final dividend of INR 2 per Ordinary Share, which is declared for the first time since 2016. For the year ended March 31, 2023, Tata reported a consolidated net profit of INR 2,414 crore as compared with a net loss of INR 11,441 crore in FY22. Total consolidated revenue stood at INR 3.46 lakh crore in the period under review, as against INR 2.78 lakh crore in the previous fiscal year.
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