Tata Sons to consider Chairman N Chandrasekaran’s re-appointment

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Tata Sons reported 21.8 per cent rise in net profit to ₹31,961 crore in FY 2026 on the back of strong performances by established businesses, Chairman N Chandrasekaran said in annual report on Monday. Last year the holding company of the Tata group had posted net profit of ₹26,231 crore. Total revenue grew 9.1 per cent on a year- on year basis to ₹42,367 crore. At the aggregate level, the revenue of the Tata Group grew by 7.8 per cent to ₹16,24,030 crore in FY26, while net profit grew 51.9 per cent to ₹1,70,525 crore..“Revenue is 2.1x and profits are 5.4x their FY20 levels, reflecting sustained and significant turnaround efforts across the institution. All of our established businesses delivered strong performances this year, both in terms of revenue and profits,” Chandrasekaran wrote in his letter to shareholders.Loss makerThe group’s aviation and digital business, however, continued to be a drag on business. Air India’s loss widened from ₹10,859 crore to ₹22,238 crore in FY26. Tata Digital was the second largest loss maker for the group its loss widening from ₹4,610 crore to ₹4974 crore. Chandrasekaran defended the group’s investments in new businesses. “Rebuilding Air India is a long journey: fleet renewal, training, service transformation, network expansion. Every great airline in history was built over decades, not quarters,” he wrote. Similarly on Tata Digital, he said, the company has great ambitions are great and are beginning to show progress. Third time re-appointmentTata Sons will consider reappointing Chandrasekaran as group chairman at its annual general meeting on August 18. Chandrasekaran, who is liable for retirement to retire by rotation, is seeking a reappointment for third time. In FY26 he received a remuneration of ₹158.66 crore. This included ₹17.97 crore in salary and compensation and ₹140.69 crore in commission. The reappointment comes in the backdrop of litigation over composition and functioning of two Tata Trusts, which control around 66 per cent of shares in Tata Sons. Sir Ratan Tata Trust has been unable to convene a trustee meeting following directions from the Charity Commissioner of Maharashtra. This dispute has also created uncertainty about conduct of the AGM.Published on July 27, 2026