Tata Steel Ltd. Q2 Results 2023

Read this story to learn about Q2- highlights, performance, earnings, dividend updates, market performance, etc.,

Highlights of the Result

· The revenue from operations stood at ₹ 55,682 Cr · PAT for Q2 FY’24 reported a massive loss of ₹ 6,511 Cr · The consolidated EBITDA margin was 8%

Performance Highlights

· The consolidated revenue is down by 6% YoY · The Indian business generated a higher margin of ~20% · The Consolidated EBITDA of the company stood at ₹ 4,315 Cr

Key Highlights - India Market

5M Tons production of crude steel, ₹33,922 Cr Revenue, EBITDA of ₹6,841 Cr with 20% Margin. Strong performance in end-use segments.

International Business Highlights

£1,812 Mn Revenue, £242 Mn EBITDA Loss; Focus on Efficiency, Blast Furnace Relining, and UK EAF Investment.