Tata Steel returns to profitability with Rs 759 cr profit in Q2FY25
Mumbai: Tata Steel Ltd reported a consolidated net profit of Rs 759 crore for the quarter ending September 30, 2024, marking a return to profitability after incurring a net loss of Rs 6,511 crore in the same period last year, media reported.
Tata Steel Q1FY25 net profit rises 51.4% YoY to Rs 959.61 cr
Mumbai: Tata Steel announced a 51.4 percent year-on-year increase in consolidated net profit to Rs 959.61 crore for the first quarter ended June 2025 (Q1 FY25) on the back of the company's operations in the Netherlands returning to normal levels.
1,500 Tata Steel workers in UK to go on indefinite strike from July
London: Around 1,500 Tata Steel workers in Britain will commence an indefinite strike on July 8 in response to the company's decision to shut down two blast furnaces and eliminate up to 2,800 jobs, Reuters reported citing the trade union Unite.
Tata Steel Q4FY24: PAT drops 64.6% YoY Rs 555 cr
Mumbai: Tata Steel's net profit in January-March quarter witnessed a staggering 64.6% year-on-year decline to Rs 555 crore, as per an exchange filing released on Wednesday.
Tata Steel’s Kalinganagar and Meramandali plants receive ResponsibleSteel Certification
Mumbai: Tata Steel’s Kalinganagar and Meramandali plants have received the prestigious ResponsibleSteel Certification.
Tata Steel opens fully automated construction service centre
Vijayawada/UNI: Tata Steel inaugurated its third fully automated construction service centre here on Wednesday in Andhra Pradesh to offer customized reinforcement products and solutions to India’s booming construction industry.,
Tata Steel reports net profit of Rs 522 cr in Q3FY24
Mumbai: Tata Steel Wednesday reported a consolidated net profit of Rs 522.14 crore for the October-December quarter, exhibiting a positive turnaround from a net loss of Rs 2,501.95 crore in the same period the previous year.
Mumbai: Tata Steel India on Friday said that its crude steel production reached 5.32 million tons, up 6% on QoQ as well as YoY basis.
Tata Steel reports consolidated net loss of Rs 6,511 cr in Q2FY24; revenue stands at Rs 55,682 cr
Mumbai: Tata Steel recorded a consolidated net loss of Rs 6,511 crore in the second quarter of the fiscal year 2023-24, marking a significant contrast from the Rs 1,297 crore net profit reported in the corresponding period of the previous year.
Port Talbot: Tata Steel, U.K. Government ink deal to invest USD 1.54 billion
India's Tata Steel and the UK government have announced a joint agreement on a proposal to invest in Electric Arc Furnace steelmaking at the Port Talbot site with a capital cost of £1.25 billion (USD 1.54 billion) inclusive of a grant from the UK Government of up to £500 million ($621 million), subject to relevant regulatory approvals.
Tata Steel to get 500 million pounds from UK govt to decarbonize Port Talbot project
London: Tata Steel, on Friday, announced that after extensive negotiations aimed at preserving Tata Steel's Port Talbot venture in Wales, the UK government has consented to provide a grant of 500 million pounds to assist in decarbonization, media reports said.
Mumbai: Tata Steel on Saturday celebrated the 119th birth anniversary of the Tata Group's late iconic leader and aviator, Bharat Ratna JRD Tata, with a series of events held at various locations across the company.
Tata Steel expands its digital services with the launch of Urja programme
Kolkata: Tata Steel is expanding its digital services with the launch of Urja, its flagship unsecured working capital finance programme, on DigECA – the Company’s centralised digital buying and selling platform for ECA (Emerging Customer Account) customers.
Mumbai: Tata Steel and Germany’s SMS group have signed a Memorandum of Understanding (MoU) to collaborate on decarbonisation of steel making process.
Kolkata: Tata Power Renewable Energy Limited will set up 966MW RTC (Round-the-clock) hybrid renewable power for Tata Steel.