Tata Steel FY11 cons net profit at Rs 8983 cr
Tata Steel has announced its FY11 results. The company FY11 consolidated net profit was at Rs 8,983 crore versus net loss of Rs 2,009 crore.
Tata Steel has announced its FY11 results. The company FY11 consolidated net profit was at Rs 8,983 crore versus net loss of Rs 2,009 crore.
Its consolidated net sales were up at Rs 1.17 lakh crore versus Rs 1.02 Lakh crore.Its cash, bank balances were at Rs 10,893 crore as on March 31.Its net debt was at Rs 46,632 crore as on March 31.Its Q4 consolidated EBITDA margins was at 13.9% versus 19.4%, YoY.Its Q4 consolidated EBITDA was at USD 1.05 billion versus USD 1.12 billion, YoY.The company recorded EBITDA of Rs 17,103 crore (USD 3,836 million) for the full year, 83% higher than the EBITDA of Rs 9,340 crore (USD 2,095 million) in FY10.The Indian operations
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