Commercial Vehicles company Tata Motors announced Q4FY23 & FY23 results: Consolidated Q4FY23: Revenues at Rs 105.9K crore EBITDA at Rs 14.1K crore PBT at Rs 5.0K crore Net auto debt reduction of Rs 13.8K crore Volumes continued to improve on strong Indian demand and better supplies at JLR Consolidated FY23: All-time high revenue of Rs 346.0K crore EBITDA Rs 37.0K crore PBT of Rs 1.5K crore The India business net debt was the lowest in 15 years at Rs 6.2K crore Finance costs increased by Rs 927 crore to Rs 10,239 crore during FY23 The Board of Directors has recommended a final dividend of Rs 2/- per Ordinary Share (100% of Face Value) and Rs 2.1 per share for DVR shareholders subject to approval by the shareholders at the AGM PB Balaji, Group Chief Financial Officer, Tata Motors said: “The year ended on a strong note with all automotive verticals delivering robust performances leading to multiple all-time high achievements. The distinct strategy employed by each business is delivering, in unison, leading to a sharp improvement in overall results. We remain confident in growth with cash flow generation, to achieve our stated goals” Result PDF