|
|
multiple
instruments in India and abroad. The company is also looking
at an increase in the authorised share capital of Tata
Motors. The Tata Group has declared a one-time dividend of
130 per cent on every share, up from a cumulative dividend
of 125 per cent last year.
"Steel
prices have been on the rise, tyre prices are moving upwards
and aluminium and copper prices have risen phenomenally,"
said Tata.
Following international growth patterns, Tata Motors will
focus on South Africa, Latin America, South East Asia and
China. The company's exports last year have surpassed 50000
vehicles, up 64 per cent. South Africa has emerged as the
company's largest market. Tata Motors has seen an all-time
high in profitability in the financial year 200506. The
company's turnover has grown 18.8 per cent to 20891.31 crore,
up from 17585.22 crore last year. The company's profit after
tax has also gone up 23.6 per cent to Rs 1528.88 crore, up
from 1236.95 crore last year. The company's total
manufacturing output was up 44 per cent quarter-on-quarter. |
|
