Tata Steel is expected to report a fall of 10% (YoY) in profits for the first quarter of FY12. During the period, profit after tax of the company is likely to decline to Rs 1,645 crore as against Rs 1,825 crore in the corresponding quarter last fiscal.
Total operating income is seen going up by 15% to Rs 31,250 crore from Rs 27,195 crore year-on-year.
EBITDA is likely to go down by 5% to Rs 4,195 crore in the April-June quarter of 2011 versus Rs 4,433 crore in same quarter the previous year.
EBITDA margin is seen declining at 13.42% versus 16.30% year-on-year.
Extraordinary income not accounted for:
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