कोशिश गोल्ड - मुक्त
Weak prices hurt Tata Steel net profit in Q4
Mint Kolkata
|May 13, 2025
The company reported a consolidated profit of ₹1,201 crore in Jan-Mar
Tepid steel prices in the domestic market dragged down Tata Steel's standalone revenue and profit for the fourth fiscal quarter, even as volumes saw a marginal uptick. A weak show in its European operations further weighed on the profitability of Asia's oldest steelmaker.
The steelmaker will infuse $2.5 billion (about ₹21,411 crore) in its Singapore unit T Steel Holdings Pte. Ltd over the course of FY26 for repayment of debt and restructuring costs in subsidiaries, the company said Monday.
The company declared a dividend of ₹3.6 per share.
The company reported a consolidated profit of ₹1,201 crore in January-March, more than doubling from the same period last year. This was after losses in the Netherlands and the UK offset the company's profitable operations in India.
यह कहानी Mint Kolkata के May 13, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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