In: Accounting
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 one of the most famous company which is also globally leading manufacturer company in the automoblie sector, thus it is the first company that has been listed itself in the New York Stock Exchange at first from the engineer perspective which has an different effect for its consumer and thus it potraits the company as a unique company. It is one of the Largest automobile company in India that has holds the total revenue of the company which is Rs. 304,903.71 Crore INR in the financial year of Tata Motors of 2019. Tata Motors has a clear Philosophy of their company which is a Good Corporate sector for its Citizen which they truly believes in the theory. Tata Motors have also created a segment of which manufacturing commercial and passengers vehicles, which has a reach of over 6,600 dealership offering for the sales and services of the copmpany 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 wealthiness 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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