Tata Steel Shares In Focus After Receiving Rs 1,000 Crore Input Tax Credit Notice
Tata Steel's net profit surged fourfold in the fourth quarter of the financial year 2025, exceeding analysts' expectations. The company reported a consolidated net profit of Rs 1,300 crore, compared to Rs 326.64 crore in the previous quarter. This figure surpassed the Bloomberg consensus estimate of Rs 1,160.4 crore.
The revenue increased by 4.8% to Rs 56,218 crore, compared to Rs 53,648.3 crore. The Ebitda rose by 11.12% to Rs 6,560 crore from Rs 5,903 crore, slightly below the estimated Rs 6,616.1 crore. Additionally, the margin expanded by 66 basis points to 11.66%, surpassing the forecasted 11.5%. The substantial rise in net profit highlights Tata Steel's strong performance in this quarter.
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First Published: News india UP's Much-Awaited Pharma Park All Set To Become A Reality By 2027
