Net profit more than doubles to ₹1,201 crore, revenue slips 4.2% YoY
Tata Steel Ltd reported a strong recovery in its consolidated net profit for the quarter ended March 31, 2025, with profit jumping over 116% year-on-year (YoY) to ₹1,200.88 crore, compared to ₹555.46 crore in the corresponding quarter last year. The surge in profit came despite muted topline performance and a decline in EBITDA.
The company’s revenue from operations for the March quarter stood at ₹56,218 crore, down 4.2% from ₹58,687 crore in Q4 FY24. EBITDA also saw a marginal decline of 0.6%, slipping to ₹6,559.2 crore from ₹6,601 crore. However, margins expanded slightly to 11.7% versus 11.2% in the year-ago period, aided by cost control and improved realisations in key markets.
Exceptional losses came in lower at ₹388.6 crore compared to ₹594.5 crore in Q4 FY24, providing a boost to bottom-line performance. Other income rose sharply to ₹461 crore, more than doubling from ₹175.9 crore last year.
Tata Steel’s board has recommended a final dividend of ₹3.60 per equity share. Additionally, the company announced plans to invest up to $2.5 billion in its subsidiary, T Steel Holdings Pte Ltd, to support long-term strategic expansion.
The company’s annual net profit for FY25 stood at ₹5,313.75 crore, compared to a loss of ₹4,909.61 crore in FY24, indicating a major turnaround in performance.
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