Tata Motors Declares Dividend Of Rs 6 Per Share
The total value of the dividend to be disbursed amounts to Rs 2,208 crore.
Tata Motors Ltd. recommended a final dividend of Rs 6 per share of face value of Rs 2 each for financial year 2025.
The dividend will be paid on June 24, 2025. The company will hold its annual general meeting to approve the dividend on June 20, 2025, according to an exchange filing on Tuesday.
The total amount to be disbursed as dividend is around Rs 2,208 crore. Retail investors who own up to 20.05% stake will receive a sum total of Rs 442 crore.
Tata Motors reported a 51.3% decrease in consolidated net profit for the fourth quarter of fiscal 2025, but surpassed analysts' expectations. Notably, the company had a one-time tax benefit in the fourth quarter of last year, due to Jaguar Land Rover.
The automobile firm announced a net profit of Rs 8,470 crore for the quarter ended March 31, 2025. This exceeded the Rs 7,662-crore forecast by analysts monitored by Bloomberg.
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Tata Motors Q4 Earnings Highlights (Consolidated, YoY)
Revenue up 0.4% to Rs 1,19,503 crore versus Rs 1,19,033 crore (Bloomberg estimate: 1,22,618 crore).
Net profit down 51.3% to Rs 8,470 crore versus Rs 17,407 crore (Bloomberg estimate: Rs 7,662 crore).
Ebitda up 0.6% at Rs 16,644 crore versus Rs 16,545 crore (Bloomberg estimate: 16,308 crore).
Margin at 14% versus 13.9% (Bloomberg estimate: 13.1%).
Note: Tata Motors’s Q4 FY24 net profit included a one-time tax benefit of Rs 7,093.77 crore attributable to JLR.
In the company's segment wise performance, Jaguar Land Rover's revenue went down 1.7% year-on-year to £7.7 billion. Passenger vehicle revenue decreased 13.1% year-on-year to Rs 12,500 crore. Commercial vehicle revenue also reduced 0.5% year-on-year amounting to Rs 21,500 crore.
The Tata Motors Group also turned net auto cash positive in fiscal 2025, with net cash balance of Rs 1,000 crore.
Shares of Tata Motor closed 1.82% lower at Rs 707.70 apiece on the NSE, compared to a 1.39% fall in the benchmark Nifty 50. The stock has fallen 26.26% in the last 12 months and 4.38% on a year-to-date basis.
Out of 34 analysts tracking the company, 20 have a 'buy' rating on the stock, eight recommend a 'hold' and six suggest 'sell', according to Bloomberg data. The average of 12-month analysts' price target implies a potential upside of 8.7%.
