Tata Motors global tax outgo at ₹38,892 crore in FY25 – ET Auto

Indirect contributions, including withholding taxes collected from employee/payroll taxes, stood at ₹12,189 crore in FY25, an increase of 31 per cent against ₹9,284 crore in 2023-24 fiscal.

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Tata Motors has paid ₹38,892 crore in tax and other contributions globally in 2024-25, a dip of 1 per cent as compared with ₹39,344 crore in the FY24, according to its inaugural Tax Transparency Report. Direct contributions, including, corporate income tax, surcharge and cess stood at ₹25,766 crore last fiscal as compared with ₹29,199 crore in 2023-24 fiscal, as per the report. Indirect contributions, including withholding taxes collected from employee/payroll taxes, stood at ₹12,189 crore in FY25, an increase of 31 per cent against ₹9,284 crore in 2023-24 fiscal. Other contributions, including provisions for Provident Fund and Employee Pension Scheme, stood at ₹937 crore last fiscal.

It stood at ₹861 crore in 2023-24 financial year.

For the 2024-25 fiscal, the company’s consolidated net profit stood at ₹28,149 crore, compared to ₹31,807 crore in the preceding financial year.

Its total revenue in FY25 was ₹4,39,695 crore, as against ₹4,34,016 crore in FY24.

Tata Motors shares on Monday ended 1.52 per cent up at ₹729.05 apiece on BSE.