देश के सबसे बड़े इन्डस्ट्रीअल हाउस टाटा ग्रुप की कंपनियों का इस फाइनेंशियल ईयर में परफ़ॉर्मेंस उम्मीदों के मुताबिक नहीं रहा है। इस बीच ग्रुप की होल्डिंग कंपनी टाटा संस के चेयरमैन एन चंद्रशेखरन ने अपनी की कंपनियों के सीईओ को एक अर्जेंट मैसेज भेजा है।
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NewsTranscript
00:00The biggest industrial house of the country, Tata Group, has not been performing as expected in this financial year.
00:11Meanwhile, the holding company of the group, Tata Sons' chairman N. Chandrasekharan has sent an urgent message to the CEO of his company.
00:19According to sources, Chandrasekharan has asked him to take big goals in internal strategy and professional reviews.
00:26He says that the margin can be adjusted with time, but the opportunities for development should be made immediately.
00:33So let's tell in detail in this video that what change is Tata Group going to make now and why.
00:39According to sources, Chandrasekharan said that he has set a revenue target with capital allocation.
00:45Tata Sons is a holding company of Tata Group worth $ 375 billion.
00:49Tata Sons' chairman N. Chandrasekharan is focusing on ensuring that the group is making progress in the outlook of increasing competition.
00:57There may be challenges in some quarters, but with a long-term vision, growth opportunities should be made in every area.
01:05He has officially urged to grow aggressively despite increasing uncertainties in domestic and international markets.
01:15A senior official of the group said that our chairman believes that there can be no excuse for cyclical quarters.
01:22And the goal should be scalable, profitable development.
01:25In the first half of the year, revenue of more than 15 companies including TCS, Tata Motors, Tata Steel and Tata Power increased to a single-digit,
01:35while the profits of these companies remained low.
01:38After a great rally in the last three years, Tata Group's shares performed less than the benchmark in the present financial year.
01:45During this time, the results of some large companies of the group were less than expected.
01:49In the same financial year, Tata Group's market cap increased by only 5%, while Nifty increased by 8%.
01:56During this time, Tata Motors, Titan, Tata Electric, Tata Communications, Tata Consumer and Tata Steel,
02:03in large shares, fell by 7% to 20%.
02:07In the first quarter of the year, Tata Group's listed companies increased by 4% in revenue year by year.
02:15However, during this time, the profit increased by 37% to Rs. 43,171 crores, which was Rs. 31,461 crores a year ago.
02:26Revenue and profit fell by 2% and 23%.
02:29In the first half of the year, the group recorded a net profit of Rs. 58,847 crores.
02:38So, what is your opinion on this decision of Tata Group?
02:41Tell us in the comment box and keep watching Good Returns for such updates.
02:45Don't forget to like and subscribe to our channel.