Try GOLD - Free
Tata Steel's profit up nearly fourfold
Financial Express Chandigarh
|November 13, 2025
TATA STEEL ON Wednesday reported a 272% jump in its consolidated net profit at ₹3,102 crore onthe back of better steel realisations and lower expenses aided by strategic cost transformation initiatives.
Bloomberg analysts had estimated a net profit of $2,740 crore.The company had posted a net profit of ₹833 crore in the same period a year ago.
Revenue also came in ahead of the Bloomberg estimate of ₹55,898 crore at ₹58,689 crore and was up 8.9% year-on-year.
“The global operating environment remained challenging with persistent overhang of tariffs, geopolitical tensions and elevated steel exports. Despite this, Tata Steel delivered a resilient performance with the Ebitda margin improving for the second consecutive quarter,’ MD & CEO TV Narendran said ina statement.
Earnings before interest, taxation, depreciation and amortisation (EBITDA) at ₹8,897 crore wasalso higherthan Bloomberg estimates of 8,185 crore, up 45%, while Ebitda margin was 15.2% (against 14% in Q1).
This story is from the November 13, 2025 edition of Financial Express Chandigarh.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Financial Express Chandigarh
Financial Express Chandigarh
Gold, silver rally to extend record run, say analysts
GOLD AND SILVER prices are poised to maintain their record-setting rally in the coming week as investors focus on global inflation data and key macroeconomic indicators that shape central bank policy paths, analysts said.
1 min
December 15, 2025
Financial Express Chandigarh
ED aims to end legacy FERA cases by early 2026
THE ENFORCEMENT DIRECTORATE has decided to bring to a conclusion cases registered under the Foreign Exchange Regulation Act (FERA), which was repealed by the country more than 25 years ago in 1998.
1 min
December 15, 2025
Financial Express Chandigarh
Sebi fines Refex for insider trading
Industries on Sunday said the Securities and Exchange Board of India (Sebi) has imposed a penalty of ₹10 lakh on its chairman and managing director Anil Jain, and a joint penalty of ₹25 lakh on Kamlesh Jain and the Jain Family Trust, for alleged insider trading violations involving the company’s shares.
1 min
December 15, 2025
Financial Express Chandigarh
Major customs rejig on the anvil
THE GOVERNMENT MAY undertake a major exercise to reduce the basic customs duty or import tariff on a large number of goods, especially critical raw materials and intermediate goods, in the Budget for FY27.
1 min
December 15, 2025
Financial Express Chandigarh
Delhi AQI at 461 sets record for 2nd-worst Dec day
THE AQI IN Delhi climbed to 461 on Sunday and marked the city’s most polluted day this winter and the second-worst December air quality day on record, as weak winds and low temperatures trapped pollutants close to the surface.
2 mins
December 15, 2025
Financial Express Chandigarh
Fintechs eye gains from cross-border payments
Easier RBI norms end dependence on banks, open up the market
2 mins
December 15, 2025
Financial Express Chandigarh
Budget may unveil next round of PSB reforms
FDI hike, phased dilution of govt’s stake to 51% on the table
1 min
December 15, 2025
Financial Express Chandigarh
Nifty still fumbling at the top
THE NIFTY CLOSED Friday with a gain of 148 points or 0.57%, ending the week at 26,046, but still recording a weekly loss of 140 points or 0.53%.
2 mins
December 15, 2025
Financial Express Chandigarh
‘Consumption demand likely to be sustained’
CS SETTY, CHAIRMAN, SBI
1 mins
December 15, 2025
Financial Express Chandigarh
When Prada prices our heritage
IT REVEALS GLOBAL APPETITE FOR INDIAN DESIGNS—AND INDIA'S FAILURE TO MONETISE THEM
3 mins
December 15, 2025
Listen
Translate
Change font size