Tata Steel Ltd.

Tata Steel Odisha's Rs 22,800 crore project financing loan is the largest project financing loan on record. The company has closed project financing for the Odisha project on May 22 and it recently got funding commitment from a consortium of 21 banks for Rs 22,800 crore. Odisha's Kalinganagar - the new green-field six million tonne steel plant is likely to be implemented in two phases of 3 million tonne each.

The company has reported a fall of 16.10% in its net profit at Rs 1309.21 crore in Q4FY13 as compared to net profit of Rs 1560.51 crore in the same quarter previous year.  However, total income of the company has increased by 16.38% to Rs 11245.27 crore as compared to Rs 9662.36 crore in corresponding quarter last year.