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Tata Steel Consolidated net sales have declined 3.10% to Rs 55311.88 crore
in Q3FY24 compared to Q3FY23. Sales of Tata Steel India segment rose 2% to Rs
34681.9 crore (accounting for 46% of total sales). Sales of Other Indian Operations segment
increased 9% to Rs 2907.34 crore (accounting for 4% of total sales). Sales of Tata Steel Europe fell 13% to Rs
18141.97 crore (accounting for 24% of total sales). Sales of Other Trade Related Operations
increased 4% to Rs 15350.91 crore (accounting for 21% of total sales). Sales of Rest of the World rose 115% to Rs
496.89 crore (accounting for 1% of total sales). Sales of South East Asian operations decreased
17% to Rs 1637.08 crore (accounting for 2% of total sales). Sales of Neelachal Ispat Nigam Limited stood
at Rs 1426.75 crore (accounting for 2% of total sales) compared to Rs 366.29
crore.
Operating profit margin has jumped from 7.09% to 11.32%, leading to 54.74%
rise in operating profit to Rs...
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