CONSOLIDATED FINANCIAL HIGHLIGHTS 2010-2011
 
 
   
Turnover ( in crores)
EBITDA ( in crores)
Turnover = Sales and other operating income (-) Excise Duty
EBITDA = Profit before exceptional items and taxes (+) Net Finance Charges (+) Depreciation (-) Minority Interest (+) Share of Profit of Associates
 
   
Profit After Tax ( in crores)
Net Debt / EBITDA
Profit after taxes, minority interest and share of
profit of associates.
Net Debt/EBITDA (Annualised)
 
   
EBITDA Margin
Return on Invested Capital (Pre-tax)
EBITDA Margin = EBITDA/Turnover
ROIC = Adjusted Operating Profit before tax and exceptional items / Average Invested Capital [Invested Capital = Net Fixed Assets (excluding WIP) + Goodwill + Investments + Adjusted Net Current Assets]
 
“We do not claim to be more unselfish, more generous or more philanthropic than other people. But we think we started on sound and straightforward business principles, considering the interests of the shareholders our own, and the health and welfare of the employees, the sure foundation of our success.”

— Jamsetji Nusserwanji Tata, Founder -