Tata Motors FY06 consol net up 25%

 According to an official release issued to the BSE today, total income increased 22% in FY06 at Rs 23961.72 crore when compared with Rs 19666.78 crore in FY05. Net profit increased 18% in Q4FY06 to Rs 458.11 crore from Rs 388.17 crore in Q4FY05. Total income rose 29% to Rs 6887.17 crore in Q4FY06 from Rs 5368.47 crore in Q4FY05.

The board has recommended a dividend of Rs 13 per share for FY06 and appointed Sam M Palia, independent director as an additional director of the company with immediate effect, the release added.