Tata Motors shifts gears to profitability: Co announces dividend after 7-year hiatus— here's what drove Q4 performance
Tata Motors has proposed paying a final dividend of Rs 2 per ordinary share and Rs 2.10 per DVR share for the last fiscal year. If approved by shareholders at the AGM in August, this will be Tata's first dividend payout since 2016. The announcement follows Q4 earnings that showed a net profit of Rs 5,408 crore, compared to a loss of Rs 1,033 crore the previous year. The firm attributed this to strong performance across all segments of the automotive business, with Jaguar Land Rover and the Indian business leading the way., Companies News, Times Now
Source: timesnownews.com