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Here's an analysis of the annual report of TATA STEEL for 2022-23. It includes a full income statement, balance sheet and cash flow analysis of TATA STEEL. Also includes updates on the valuation of TATA STEEL.
Check out TATA STEEL fact sheet and TATA STEEL financial results online at Equitymaster.
Check out latest TATA STEEL Quarterly Results online at Equitymaster.
TATA STEEL: Get the latest TATA STEEL Share price and stock price updates, live NSE/BSE share price, share market reports, financial report, balance sheet, price charts, financial forecast news and quotes only at Equitymaster.com.
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The steel major's performance during the quarter was impacted by decline in volumes due to the imposition of export duty as well as increase in coking coal costs.
The PLI scheme is all set to double speciality steel production in the country and increase exports.
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For fiscal 2022, Tata Steel clocked a net profit of Rs 417.5 bn, a more than five-fold jump from previous fiscal's figures.
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