Tata Steel's Q3 FY24 results unfold a financial saga with Consolidated Revenues hitting ₹1,70,483 Cr. Let's delve into the highlights.
Source: Tata Steel Investor's Presentation
Q3 FY24 showcased Tata Steel's prowess with Consolidated Revenues of ₹55,312 Cr, a 47% QoQ surge in EBITDA to ₹6,334 Cr, and an EBITDA margin of 11%.
Source: Tata Steel Investor's Presentation
Net Debt stands at ₹77,405 Cr. The group's liquidity is robust at ₹23,349 Cr, featuring ₹10,825 Cr in cash & cash equivalents.
Source: Tata Steel Investor's Presentation
In India, Tata Steel reported stable Revenues of ₹35,011 Cr. Crude steel production surged by 7% QoQ to 5.35 million tons, with deliveries reaching 4.88 million tons.
Source: Tata Steel Investor's Presentation
In the UK, Revenues were £603 million, with an EBITDA loss of £159 million. Netherlands' Revenues were £1,239 million, with an EBITDA loss of £117 million.
Source: Tata Steel Investor's Presentation