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Tata Group revenue tops $100 billion

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Mumbai: Salt-to-software conglomerate Tata has become the country’s first business house to attain $100 billion revenue, even as the group’s profit slipped to near $5 billion in the last fiscal year.

The total revenue of the Tata Group, which has over 100 companies including 31 listed entities, rose by about 20 percent in the last fiscal 2011-12 to $100.09 billion, from $83.3 billion in the previous year.

The last fiscal also saw the group’s total headcount rise by nearly 32,000 persons to nearly 4.56 lakh.