Tata Steel has exceeded expectations with its second-quarter results for FY25, reporting a net profit of ₹758 crore. This is a significant turnaround from the same period last year, when the company posted a loss of ₹6,511 crore. Analysts had predicted a much lower profit of ₹210 crore, making this performance a strong rebound for the steel giant.
The company’s revenue for the quarter came in at ₹53,904.7 crore, slightly higher than the expected ₹53,425 crore. However, this still represents a 3.2% decline compared to ₹55,682 crore in the same quarter last year.
One of the standout figures from Tata Steel’s report was its EBITDA, which surged by 44% year-on-year to ₹6,141.2 crore, comfortably surpassing the forecast of ₹4,976 crore. This growth reflects the company’s improved operational performance.
The EBITDA margin also showed notable improvement, rising to 11.4% from 9.3% in the previous quarter and 7.7% in Q2 of FY24, reflecting better cost management and higher efficiency.
Tata Steel’s shares saw a slight increase on Wednesday, closing at ₹153.60, a 0.85% gain from the previous day’s close of ₹152.30 on the BSE. The results were announced after market hours.
Overall, the company’s latest quarterly performance highlights its strong recovery in profitability, driven by better operational efficiencies and margin improvement, despite a small dip in year-on-year revenue.
