Tata Steel Jan-Mar consol net profit surges 113% on year to INR 13.01 bln
This story was originally published at 19:27 IST on 12 May 2025
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MUMBAI - Tata Steel Ltd.'s consolidated net profit for the quarter ended March surged 113% to INR 13.01 billion from INR 6.11 billion a year ago. The net profit was higher than analysts' estimate of INR 10.78 billion. However, the consolidated revenue for the quarter was lower by 4.2% at INR 562.18 billion, from INR 586.87 billion a year ago. The company has declared a dividend of INR 3.60 per share for 2024-25 (Apr-Mar).
* Tata Steel Jan-Mar consol net profit INR 13.01 bln vs INR 6.11 bln yr ago
* Analysts saw Tata Steel Jan-Mar consol net profit INR 10.78 bln
* Tata Steel Jan-Mar consol revenue INR 562.18 bln vs INR 586.87 bln yr ago
* Tata Steel to pay INR 3.60 per share dividend
* Tata Steel to invest up to $2.5 bln in arm T Steel Holdings in FY26
* Tata Steel FY25 consol PAT INR 34.21 bln vs INR 44.37 bln loss year ago
* Tata Steel FY25 consol revenue INR 2.185 tln vs INR 2.292 tln year ago
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