In: Accounting
Instructions: Write an informal business report of your choice. The report must include all 3 sections of an informal report - Introduction, discussion section and conclusion).
BUSINESS REPORT OF TATA MOTORS
Introduction:-
Tata motors is the one of the most famous and globally leading manufacturer company in the automoblie sector, it is the first company that has listed in the New York Stock Exchange from the engineer perspective. It is the Largest automobile company in India that holds the total revenue of Rs. 304,903.71 Crore INR in the financial year of 2019. Tata Motors has a clear Philosophy of Good Corporate Citizen which they truly believes in the theory. Tata Motors have created a segment of manufacturing commercial and passengers vehicles, which has a reach over 6,600 dealership offering sales and services alongwith the establishment of spare parts with the network touch points.
Tata Motors general point of discussion are, their Corporate Identity Number(CIN) of the company, which is L28920MH1945PLC004520.
Its registered name is Tata Motors Limited.
Its registered address is, Bombay house, 24 , Homi Mody Street, Mumbai - 400001
Its official website is http://www.tatamotors.com/
And its official E-mail id is [email protected]
Its financial year which is reported is 2018-2019
It is engaged with the Industrial activity, which is calculated code wise, such as
1. Manufacture of Motor vehicles is managed under NIC code 2910.
2. Manufacture of parts and accessories for motors vehicles is managed under NIC code 2930.
3. Sale of Motor vehicle part and its accessories, is managed under NIC code 4530.
4. Sale of Motor vehicle is managed under NIC code 4510.
The Financial details of the company are:-
1. Paid up capital is Rs. 679.22 crore INR.
2. The total turnover of the company is Rs. 67,611.07 crore INR.
3. The total profit after taxes are Rs. 1,903.94 crore INR.
4. The total spending on corporate social responsibility(CSR) as a percentage of profit after tax(%) is Rs. 22.21 crore INR.
5. The company has a total of 99 direct subsidiary along with its indirect subsidiary, which has a base in India and abroad as per the year 31st march, 2019.
6. The company also has a positive inspiration and motivation for its subsidiaries which protraits its business responsibility, which shows an initiative for the company. It also has a good quality measures for its customers and their values, it also has concerns about its customers safety and their rights.
Conclusion:-
The only thing which can be concluded in the Tata Motors Ltd, that its wealthyness and prosperity for the last two years, but that of profitability is not upto that mark. The changes that occurs in their profit are the High Taxation with its high cost on borrowed funds, alongwith its high depreciation cost and high expenses. The company can improve its profitability by the capital reduction and speeding in its administration and financial expenses.
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