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Tata’s revenue rises to $108.8 bn; headcount crosses 600,000

Turingsage

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Top corporate house Tata group’s total revenue rose by over five per cent to USD 108.78 billion in the last fiscal, while its total headcount crossed six-lakh mark with IT and communications business accounting for more than half of the overall staff strength.

The international operations of the group, which has more than 100 companies across various businesses spread over the world, accounted for almost 70 per cent of its total revenue in the fiscal 2014-15, according to the latest group-level financials disclosed by it.

The total revenue rose by 5.3 per cent to USD 108.78 billion, from USD 103.27 billion in the fiscal 2013-14.

In rupee terms, the total revenue rose by 6.5 per cent to Rs. 6,65,185 crore in 2014-15, while sales were up 5.9 per cent at Rs. 6,53,381 crore.

The revenue growth rate has, however, fallen from 18.5 per cent recorded in the previous fiscal 2013-14.

While the profit figures were not disclosed, the group’s international revenue rose by 5.8 per cent to USD 73.41 billion. Revenue from global operations had grown by 27 per cent in the previous fiscal.

Total assets rose to USD 117.9 billion, from USD 116.3 billion during the fiscal.

The group’s total headcount stood at 6,11,794 at the end of the fiscal 2014-15, out of which more than 3.5 lakh were in its IT and communications business. The engineering business had more than 93,000 employees, while materials business had over 80,000 and services had nearly 44,000 staff members.

The consumer products business also had more than 22,000 employees, while energy segment had over 9,000.

In 2013-14, the group’s employee count had increased by 6.8 per cent to 5,81,473.

In the group revenue during the latest fiscal, the engineering business accounted for the largest pie of 41 per cent, followed by materials and the IT & communications at 21 per cent each. Services and energy business contributed 5 per cent each to the group revenue, while consumer products’ share was 4 per cent and that of chemicals at about 3 per cent.

Founded by Jamsetji Tata in 1868, the Tata group has over 100 independent operating companies across six continents, out of which 30 are publicly listed entities with combined market capitalisation of about Rs. 8 lakh crore.

Tata Sons is the principal investment holding company and promoter of the Tata companies.

The major group companies include Tata Steel, Tata Motors, TCS, Tata Power, Tata Chemicals, Tata Global Beverages, Tata Teleservices, Titan, Tata Communications and Indian Hotels.

Tata’s revenue rises to $108.8 bn; headcount crosses 6 lakh - The Hindu
 

Turingsage

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Yes TATA is climbing up the value chain. Its revenues should surpass Pakistan's GDP before too long. One of the brighter lights in the Indian firmament
 

Makaramarma

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How many know that RBI and Air India used to belong to the Tata before the GoI took them over ?

So did TIFR and IISc.
 

samlove

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How many know that RBI and Air India used to belong to the Tata before the GoI took them over ?

So did TIFR and IISc.
he ran a profitable business of tata son aviation post independence ,after independence goi bought the stake ,untill now in deep shit
 

Makaramarma

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he ran a profitable business of tata son aviation post independence ,after independence goi bought the stake ,untill now in deep shit
GoI did not buy the stake, it was a takeover by Indira Gandhi who passing a law that made GoI the owner :P
 

anant_s

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one of the most trusted brands who have kept ethics and morals alive in today's cut throat corporate world.
i wish them grow from strength to strength.
 

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