{"id":1281766,"date":"2024-05-19T09:08:54","date_gmt":"2024-05-19T03:38:54","guid":{"rendered":"https:\/\/trak.in\/stories\/?p=1281766"},"modified":"2024-05-19T09:12:38","modified_gmt":"2024-05-19T03:42:38","slug":"this-tata-company-becomes-more-profitable-than-tcs-1st-time-in-10-years","status":"publish","type":"post","link":"https:\/\/trak.in\/stories\/this-tata-company-becomes-more-profitable-than-tcs-1st-time-in-10-years\/","title":{"rendered":"This Tata Company Becomes More Profitable Than TCS: 1st Time In 10 Years!"},"content":{"rendered":"\n<p>With a consolidated net profit of \u20b917,483 crores (adjusted for exceptional gains and losses) for Q4FY24, Tata motors has surpassed TCS&#8217; consolidated net earnings of \u20b912,434 crore.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/trak.in\/stories\/wp-content\/uploads\/2024\/05\/Untitled-design-7-1-1-1-1280x720-1-1024x576.jpg\" alt=\"\" class=\"wp-image-1281787\" srcset=\"https:\/\/trak.in\/stories\/wp-content\/uploads\/2024\/05\/Untitled-design-7-1-1-1-1280x720-1-1024x576.jpg 1024w, https:\/\/trak.in\/stories\/wp-content\/uploads\/2024\/05\/Untitled-design-7-1-1-1-1280x720-1-300x169.jpg 300w, https:\/\/trak.in\/stories\/wp-content\/uploads\/2024\/05\/Untitled-design-7-1-1-1-1280x720-1-768x432.jpg 768w, https:\/\/trak.in\/stories\/wp-content\/uploads\/2024\/05\/Untitled-design-7-1-1-1-1280x720-1.jpg 1280w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>This has happened for the <a href=\"https:\/\/www.business-standard.com\/companies\/news\/tata-motors-overtakes-tcs-as-group-s-most-profitable-firm-after-10-years-124051401415_1.html\">first time<\/a> in 10 years!<\/p>\n\n\n\n<p>For Tata Motors, there has been a 213.7 per cent YoY increase in the bottom line, from \u20b95,573.8 crores a year ago.&nbsp;<\/p>\n\n\n\n<p>On the contrary, the group\u2019s IT firm and also India\u2019s largest IT company saw a rather modest Y-o-Y growth of 9.1 per cent in net profit, from \u20b911,392 crores.<\/p>\n\n\n\n<p>Yet to declare the results for Q4FY24, another major company under the Tata canopy is Tata Steel. Last time the company held the most profitable spot was in the June 2014 quarter. It was back then when the company reported an adjusted net profit of 5,330.6 crore, against TCS&#8217; \u20b95,186.6 crore and Tata Steel&#8217;s \u20b9400.6 crore.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>With a consolidated net profit of \u20b917,483 crores (adjusted for exceptional gains and losses) for Q4FY24, Tata motors has surpassed TCS&#8217; consolidated net earnings of \u20b912,434 crore. This has happened for the first time in 10 years! For Tata Motors, there has been a 213.7 per cent YoY increase in the bottom line, from \u20b95,573.8 [&hellip;]<\/p>\n","protected":false},"author":26,"featured_media":1281787,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[164,2077],"class_list":["post-1281766","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-tata","tag-tata-steel"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>This Tata Company Becomes More Profitable Than TCS: 1st Time In 10 Years! - Trak.in - Indian Business of Tech, Mobile &amp; Startups<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/trak.in\/stories\/this-tata-company-becomes-more-profitable-than-tcs-1st-time-in-10-years\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"This Tata Company Becomes More Profitable Than TCS: 1st Time In 10 Years! - Trak.in - Indian Business of Tech, Mobile &amp; Startups\" \/>\n<meta property=\"og:description\" content=\"With a consolidated net profit of \u20b917,483 crores (adjusted for exceptional gains and losses) for Q4FY24, Tata motors has surpassed TCS&#8217; consolidated net earnings of \u20b912,434 crore. 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For Tata Motors, there has been a 213.7 per cent YoY increase in the bottom line, from \u20b95,573.8 [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/trak.in\/stories\/this-tata-company-becomes-more-profitable-than-tcs-1st-time-in-10-years\/\" \/>\n<meta property=\"og:site_name\" content=\"Trak.in - Indian Business of Tech, Mobile &amp; Startups\" \/>\n<meta property=\"article:published_time\" content=\"2024-05-19T03:38:54+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-05-19T03:42:38+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/trak.in\/stories\/wp-content\/uploads\/2024\/05\/Untitled-design-7-1-1-1-1280x720-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Rohit Kulkarni\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Rohit Kulkarni\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/trak.in\/stories\/this-tata-company-becomes-more-profitable-than-tcs-1st-time-in-10-years\/\",\"url\":\"https:\/\/trak.in\/stories\/this-tata-company-becomes-more-profitable-than-tcs-1st-time-in-10-years\/\",\"name\":\"This Tata Company Becomes More Profitable Than TCS: 1st Time In 10 Years! 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