TATA Motors Will Start Paying Dividend Soon!

TeknikalRaman

Money & Finance

POSTED BY: Ranjeet Kumar PUBLISHED: 6th July, 22

On the 77th annual meeting on Monday the chairman of TATA Motors said that their sales up by 82% by June.

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And they are going to become a dividend paying company soon! TATA Motors has not paid dividend since 2017.

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The chairman also stated that the reason why were not able to pay dividend is because an accumulated loss of RS 1500 crore.

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And they could not pay dividend before they have cleared the loss, and the loss is soon going to be cleared.

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Despite of inflation and decreased purchasing power of people they are expecting the second hald of the fiscal year to be better than first half.

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TATA Motors has increased sales both in India as well as in UK, and their demand is still going up.

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You can also visit our website to learn about "Top 5 Hidden TATA Group Subsidiaries: TATA Group Of Comp."

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