04 Oct, EOD - Indian

SENSEX 81688.45 (-0.98)

Nifty 50 25014.6 (-0.93)

Nifty Bank 51462.05 (-0.74)

Nifty IT 41912.5 (0.36)

Nifty Midcap 100 58474.45 (-0.93)

Nifty Next 50 74620.25 (-1.10)

Nifty Pharma 23094.7 (-0.36)

Nifty Smallcap 100 18758.65 (-1.02)

04 Oct, EOD - Global

NIKKEI 225 38635.62 (0.22)

HANG SENG 22736.87 (2.82)

S&P 5807.5 (0.80)


You are Here : Home > Research

02-Nov-2023

Tata Steel

PBT down 93%


'

Consolidated net sales (including other operating income) of Tata Steel has declined 7.01% to Rs 55681.93 crore. Operating profit margin has declined from 10.12% to 7.66%, leading to 29.58% decline in operating profit to Rs 4,267.82 crore.  Raw material cost as a % of total sales (net of stock adjustments) decreased from 46.63% to 37.27%.   Purchase of finished goods cost rose from 5.49% to 8.51%.   Employee cost increased from 8.92% to 10.77%.   Other expenses rose from 28.79% to 35.67%. 

Other income fell 30.68% to Rs 228.23 crore.  PBIDT fell 29.63% to Rs 4496.05 crore.  Provision for interest rose 28.99% to Rs 1959.39 crore. 

PBDT fell 47.92% to Rs 2536.66 crore.  Provision for depreciation rose 5.62% to Rs 2479.85 crore.   

Profit before tax down 97.75% to Rs 56.81 crore.  Share of profit/loss was 1.02% higher at Rs 102.9 crore.  Extraordinary items were decreased to Rs -6,8...



Pleaselogin & subscribe to view the full report.

More Reports
  • Results-Analysis   (01-Aug-2024)

    Tata Steel

    Subdued steel demand

  • Results-Analysis   (31-May-2024)

    Tata Steel

    NP down 64%

  • Results-Analysis   (25-Jan-2024)

    Tata Steel

    Global operating environment has been complex

  • Results-Analysis   (02-Nov-2023)

    Tata Steel

    PBT down 93%