Tata Sons Board Meet On May 29: What Investors Should Watch For

The Tata Sons board will meet on Thursday to approve the financials for the fiscal year 2024-25. The holding company for the Tata Group is expected to report flat revenues for the financial year despite an 86% jump in dividend it received from its flagship subsidiary, Tata Consultancy Services. Tata Sons record a total income of Rs 43,893 crore in fiscal 2024. This included dividend income of Rs 21,528.94 crore from subsidiaries and associates and other income comprising of income from participating in share buybacks of subsidiaries and sale of investments. Tata Sons had recorded an other income of Rs 20,036 crore in FY24 compared to Rs 171 crore in the previous year. The other income was primarily sales proceeds from investments and buyback.

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