Tata Steel Q4 FY25 Results: PAT grows over 2 times, beats Steet estimates; Tata group company dividend at Rs 3.6/share
Tata Steel Q4 FY25 Results: Tata group steelmaker Tata Steel has staged a strong financial performance for the quarter ended March 31. Its net profit jumped 2.1 times, far exceeding analysts' expectations.
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07:57 PM IST
Tata Steel Q4 FY25 Earnings Highlights: Mumbai-headquartered Tata Steel on Monday reported a net profit of Rs 1,301 crore for the quarter ended March 31, marking a jump of 112.9 per cent over its net profit for the corresponding period a year ago. In other words, the Tata group steel giant's quarterly net profit more than doubled, exceeding Street expectations.
According to Zee Business research, the private sector steelmaker was estimated to register a quarterly net profit of Rs 800 crore.
Tata Steel's March-quarter revenue stood at Rs 56,218 crore, as against Rs 58,687 crore a year ago.
Zee Business analysts had pegged the steelmaker's quarterly revenue at Rs 54,719 crore.
Tata Steel Q4 FY25 Results: How the Tata group steelmaker fared operationally
Tata Steel's margin, a key measure of profitability, improved by 42 basis points (bps) to 11.67 per cent.
Tata Steel Q4 Results: Dividend per share
Tata Steel announced a dividend of Rs 3.6 per equity share.
Tata Steel Share Price
Earlier on Monday, Tata Steel shares ended stronger by Rs 8.8, or 6.2 per cent, at Rs 151.6 apiece on BSE in a strong Mumbai market.
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07:57 PM IST