Poging GOUD - Vrij
Tata Steel's profit up nearly fourfold
Financial Express Kochi
|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).
Dit verhaal komt uit de November 13, 2025-editie van Financial Express Kochi.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN Financial Express Kochi
Financial Express Kochi
Sensex slumps 1,600 pts in 4 days on trade jitters
THE STOCK MARKETS started 2026 on a negative note—the third time in the past four years—with both the Sensex and the Nifty falling over 1% in the first eight days of the year.
1 min
January 09, 2026
Financial Express Kochi
Ahead of polls, BJP lays its demands before AIADMK
IN A SIGNIFICANT escalation in its negotiations with the AIADMK, the BJP has sought a formal power-sharing commitment in Tamil Nadu ahead of the Assembly elections, asking for Cabinet representation in the event of an alliance victory—a demand that goes well beyond seat-sharing and could stir the state’s political conventions.
1 mins
January 09, 2026
Financial Express Kochi
India, Germany close to $8-bn submarine deal
INDIA AND GERMANY are hammering out the details of a submarine manufacturing deal worth at least $8 billion — the largest-ever defence agreement for New Delhi — according to officials with direct knowledge of the details.
2 mins
January 09, 2026
Financial Express Kochi
RBI's rupee playbook: Curb excess volatility
IN THE PAST month, the Reserve Bank of India's (RBI) intervention in the foreign exchange market to protect the rupee from going into a free fall is being seen by experts as an attempt to manage excess volatility spurred by speculative action, instead of being target-based.
3 mins
January 09, 2026
Financial Express Kochi
Ecologist Madhav Gadgil, champion of Western Ghats conservation, dies
ITWAS THOSE bird-watching walks on Vetal Tekdi (Hill) in Pune at a young age, encouraged by his economist father, that made him fall in love with the Western Ghats.
2 mins
January 09, 2026
Financial Express Kochi
'Vision cars must reflect what finally reaches the road'
As M&M sharpens its premium ambitions and prepares a new wave of products, its Chief Design & Creative Officer Pratap Bose tells Akbar Merchant about how distinct sub-brand identities, production-led 'vision cars' and a growing influence of software and EV-led thinking are shaping the automaker's design strategy for the next decade.
1 mins
January 09, 2026
Financial Express Kochi
US court orders Vembu to furnish $1.7-bn bond in divorce case
A CALIFORNIA COURT, hearing the divorce petition of Zoho co-founder and chief scientist Sridhar Vembu, has directed him to submit a bond of $1.7 billion, citing concerns over post-petition asset transfers and their potential impact on the division of marital property.
1 min
January 09, 2026
Financial Express Kochi
Wheat e-auction resumption to lower prices, affect millers
THE GOVERNMENT'S MOVE to relaunch e-auction of wheat under the open market sale scheme (OMSS), after discontinuing it due to sluggish demand, has brought down its market prices, thereby hitting flour millers and stockists.
1 mins
January 09, 2026
Financial Express Kochi
2025 reset cooperation priorities
FfD4, COP30, and the G20 were opportunities for India to show its prowess for multilateral negotiations, while rejuvenating its domestic stance on tax policy
3 mins
January 09, 2026
Financial Express Kochi
Large-caps will offer attractive risk-reward this year
With the valuation gap between large-cap and mid- and small-caps being at a two- decade high, the former have become meaningfully cheaper. George Heber Joseph, Chief Investment Officer and Chief Executive Officer -Equity at ASK Investment Managers tells Ananya Grover that such divergences have created attractive entry points for large- cap investing. Excerpts:
2 mins
January 09, 2026
Listen
Translate
Change font size