Spearheaded by Tata Motors and Tata Consultancy Services (TCS), the combined revenue of the Tata group’s key listed firms crossed the Rs 10-trillion mark for the first time, in FY2022-23.?
The Tata group’s 14 key listed companies in which parent company Tata Sons holds a direct equity stake, reported a combined revenue of Rs 10.07 trillion in FY23, up 15.3% from Rs 8.73 trillion in FY22.
The combined net profit of these companies was, however, down 10.6 per cent year-on-year (YoY) at Rs 66,670 crore in FY23, from a record high of Rs 74,540 crore in the previous financial year, when the profit had jumped 156 per cent YoY, aided by Tata Steel’s strong showing, as per Business Standard.
IT giant TCS had reported?Rs 59,162 crore revenue in Q4 (Jan-March 2023 quarter), whereas Tata motors had posted?Rs 105,932 crore (Rs 1.05 lakh crore) for the same period.
Also Read:?List?Of?Tata?Group Companies That Originally Had Different Names
Tata Motors recorded its highest-ever quarterly revenue and became Tata Group’s?first firm to hit Rs 1 trillion (Rs?1 lakh crore) revenue mark. The automaker major has also become the second private company and the eighth overall, to hit the milestone of Rs 1 lakh crore in revenue.
Currently, there are only seven other firms that boast quarterly revenues of over Rs 1 lakh crore in the listed space, as per CNBC.? Other Indian firms with over Rs 1 lakh crore in quarterly revenue include Reliance Industries, Indian Oil Corporation, LIC, ONGC, BPCL, and HPCL.
If all the listed Tata group companies are seen as a single business entity, it would reportedly be the 64th-biggest corporation globally with revenue of $125 billion.
As per Tata Group’s website, it has 17 listed companies in total, as of now. After TCS’ IPO in 2004, Tata Group is planning to launch an IPO of Tata Technologies and Tata Play likely this year.
Here’s the list of Tata Group’s listed companies:
1.Tata Consultancy Services Limited?
2.Tata Steel Limited?
3.Tata Motors Limited
4.Titan Company Limited
5.Tata Chemicals Limited
6.The Tata Power Company?
7.The Indian Hotels Company?
8.Tata Consumer Products
9.Tata Communications?
10.Voltas Limited?
11.Trent Limited?
12.Tata Steel Long Products Limited?
13.Tata Investment Corporation Limited
14.Tata Metaliks Limited
15.Tata Elxsi Limited?
16.Nelco Limited
17.Tata Coffee Limited
Also Read:?List Of Foundation Years Of Various?Tata?Group Companies
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