Moneycontrol
HomeNewsBusinessMoneycontrol ResearchTata Steel: A likely fall in September quarter operating performance
Trending Topics
Sensex Live
Meesho IPO
Sudeep Pharma Share Price
Aequs IPO
Gold Price

Tata Steel: A likely fall in September quarter operating performance

Nandish Shah   •

Investors need to watch out for the reduction in debt levels and pick-up in volumes as incremental capacities of Tata Steel start coming in

Tata Steel | CMP: Rs 964.70 | The stock price jumped 3 percent ahead of its Q1 earnings. India’s largest steel producer is expected to report a year on year decline of 19-32 percent in its consolidated profit after tax (PAT) on July 25, when it will declare its results for the quarter ended June 2022. On a sequential basis, the decline in profit is likely to be more pronounced at 26 – 38 percent. The revenues for the company are likely to grow between 9-16 percent compared to the same period a year ago. On a sequential basis however, the revenues are seen decreasing by 11-16 percent.

To read the full story,

Subscribe to Moneycontrol PRO
  • Ad-free Experience
  • Access Exclusive Stories
  • Weekly Investment Ideas
  • Daily Technical Calls

Are you a PRO subscriber? Sign In

What Do You Get

  • Ad free Experience

    Seamless navigation, faster responses.

  • Expert Perspective

    Explore 230+ exclusive editorials every month

  • +

    Uncover Insights from World-Renowned Experts and Journalists

  • Actionable Insights

    40+ weekly investment ideas + 3 to 4 daily technical calls

  • Virtual Events

    Exclusive Live Webinars for Expert Trading & Investment Strategies!

  • Newsletters

    Stay ahead with daily and weekly insights

View Offers

Unlock exclusive discounts

Disclosure & Disclaimer

This Research Report / Research Recommendation has been published by Moneycontrol Dot Com India Limited (hereinafter referred to as “MCD”) which is a registered Investment Advisor under the Securities and Exchange Board of India (Investment Advisers) ...Read More