Tata Steel Reports Significant Profit Growth in Q4

Tata Steel has announced a remarkable increase in its consolidated net profit, reaching Rs 1,200.88 crore for the March quarter. This achievement is attributed to higher volumes and effective cost control measures, despite facing lower realizations.

Financial Highlights and Strategic Investments

The company's total income saw a decline to Rs 56,679.11 crore from Rs 58,863.22 crore in the previous year. However, expenses were significantly reduced to Rs 54,167.61 crore. For the full financial year FY25, Tata Steel turned around from a loss of Rs 4,909.61 crore to a net profit of Rs 3,173.78 crore.

Strategic Move: The board has approved a proposal to infuse up to USD 2.5 billion into its wholly-owned foreign subsidiary, T Steel Holdings Pte Ltd, aiming to strengthen its global presence.

Operational Performance and Future Outlook

In India, Tata Steel's operations generated revenues of Rs 34,661 crore with an EBITDA margin of 21%. The UK operations reported an EBITDA loss of 80 million pounds. The company's focus on R&D, with an investment of over Rs 1,600 crores in the last five years, highlights its commitment to innovation and customer centricity.

CEO and Managing Director TV Narendran emphasized the year's significance as a transition period, with key developments across operating geographies, including the commissioning of India’s largest blast furnace at Kalinganagar.