MoneyWorks4Me

Tata Steel reports 43% fall in Q3 consolidated net profit

28 Jan 2025 Evaluate

Tata Steel has reported results for third quarter ended December 31, 2024 (Q3FY25). 

The company has reported 17.45% fall in its net profit at Rs 3878.57 crore for Q3FY25 as compared to Rs 4698.54 crore for the same quarter in the previous year. Total income of the company declined by 5.13% at Rs 33216.47 crore for Q3FY25 as compared to Rs 35011.42 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 43.41% fall in its net profit at Rs 295.49 crore for the quarter ended December 31, 2024, as compared to Rs 522.14 crore for the same quarter in the previous year. Total income of the company decreased marginally by 3.01% at Rs 53869.33 crore for Q3FY25 as compared to Rs 55539.77 crore for the corresponding quarter previous year.


Peers
Company Name CMP
JSW Steel 1267.50
Tata Steel 182.85
Steel Authority 179.00
Jindal Stainless 755.20
APL Apollo Tubes 2153.00
View more..