The Economic Times daily newspaper is available online now.

    Tata Motors shares slip over 1% as global tax outgo touches Rs 38,892 cr in FY25

    Synopsis

    Tata Motors paid Rs 38,892 crore in global taxes and contributions in FY25, a 1% dip from FY24, due to lower direct tax outgo. Indirect taxes rose 31% YoY. Despite lower taxes, FY25 net profit declined to Rs 28,149 crore. The stock, down 24% in one year, has rebounded over 10% in the past month.

    Tata Motors shares in focus as global tax outgo touches Rs 38,892 cr in FY25Agencies
    Other contributions, including Provident Fund and Employee Pension Scheme provisions, rose slightly to Rs 937 crore in FY25 from Rs 861 crore in FY24.
    Shares of Tata Motors slipped 1.4% to their day’s low of Rs 719 on the BSE 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.

    Also read: Eternal shares drop 4.5% on foreign shareholding cap

    Tata Motors share price history


    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.

    (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)


    (You can now subscribe to our ETMarkets WhatsApp channel)

    (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
    The Economic Times

    Stories you might be interested in

    OSZAR »