Tata Steel Q4 net profit falls 64% to Rs 611 crore, misses estimates

Analysts had expected Tata Steel's revenue to grow by 5.7 percent on a sequential basis , and net profit to rise by 3.2 percent in Q4

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26 Aug, 2025 12:21

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Tata Steel on May 29 reported 64 percent fall in fourth quarter profit (attributable to owners) at Rs 611.48 crore, amid lower steel realizations and poor performance in the steelmaker's international operations. The company had reported net profit of Rs 1,704.86 crore in the same  quarter a year ago.

The consolidated revenue from operations for the Tata Group company during the January-March quarter fell 6.7 percent to Rs 58,687.3 crore as compared to Rs 62,961.5 crore recorded in the year-ago period, it said in a regulatory filing.

Nine analysts polled by Moneycontrol had estimated Tata Steel's Q4 net profit to drop 50 percent YoY to Rs 874 crore, with revenue expected to fall seven percent YoY to Rs 58,489.60 crore.

On a sequential basis, consolidated revenue from operations increased six percent from Rs 55,311.88 crore in the previous quarter and net profit rose 19 percent from the previous quarter.

Analysts had expected revenue to grow by 5.7 percent on a sequential basis , and net profit to rise by 3.2 percent in Q4.

Financing and debt repayment

The company's board has approved issue of additional debt securities, in one or more tranches, up to Rs 3,000 crore in the form of NCDs (Non-convertible debentures) on private placement basis.

Meanwhile, Tata Steel has approved the proposal to infuse funds up to $2.11 billion (Rs 17,407.50 crore) into a wholly-owned subsidiary T Steel Holdings (TSHP) Singapore, to repay debt and to support the restructuring costs at Tata Steel UK.

Last month, Tata Steel announced that it will proceed with its
£1.25-billion investment to build an electric arc furnace in Port Talbot, replacing two blast furnaces and commence closure of the existing heavy end assets in the following months.

Its Board has also approved a plan to convert debt instruments worth  $565 million (approximately ₹4,661.25 crore) into equity shares in TSHP during the fiscal year 2024-25.