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TATA STEEL has announced its results for the quarter ended September 2018. Here is a detailed performance review of the same:
No. of Mths Qtr. Ending | 3 Sep-17* | 3 Jun-18* | 3 Sep-18* | QoQ Change | YoY Change | |
---|---|---|---|---|---|---|
Net Sales | Rs m | 324,641 | 378,328 | 435,441 | 15.1% | 34.1% |
Other income | Rs m | 2,532 | 3,473 | 3,544 | 2.1% | 40.0% |
Turnover | Rs m | 327,174 | 381,801 | 438,985 | 15.0% | 34.2% |
Expenses | Rs m | 277,435 | 313,651 | 346,246 | 10.4% | 24.8% |
Gross profit | Rs m | 46,760 | 61,241 | 90,833 | 48.3% | 94.3% |
Depreciation | Rs m | 14,733 | 18,056 | 19,079 | 5.7% | 29.5% |
Interest | Rs m | 13,499 | 16,701 | 21,531 | 28.9% | 59.5% |
Profit before tax | Rs m | 21,060 | 29,956 | 53,767 | 79.5% | 155.3% |
Tax | Rs m | 11,380 | 11,037 | 23,264 | 110.8% | 104.4% |
Profit after tax | Rs m | 9,681 | 18,919 | 30,504 | 61.2% | 215.1% |
Gross profit margin | % | 14.4 | 16.2 | 20.9 | ||
Effective tax rate | % | 54.0 | 36.8 | 43.3 | ||
Net profit margin | % | 3.0 | 5.0 | 6.9 |
To see how TATA STEEL has performed over the last eight quarters, please visit here.
Over the last one year, TATA STEEL share price has moved up from Rs 678.1 to Rs 588.0, registering a Loss of Rs 90.1 or around 13.3%.
Meanwhile, the S&P BSE METAL Index is trading at Rs 12,696.6 (up 0.1%). Over the last one year it has moved down from 13,839.8 to 12,696.6, a gain of 1,143 points (down 8.3%).
Overall, the S&P BSE SENSEX is up 6.8% over the year.
At the current price of Rs 588.0, the price to earnings (P/E) ratio of TATA STEEL stands at 2.8 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 1.0 times.
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For the quarter ended December 2018, TATA STEEL has posted a net profit of Rs 17 bn (up 48.7% YoY). Sales on the other hand came in at Rs 412 bn (up 23.2% YoY). Read on for a complete analysis of TATA STEEL's quarterly results.
For the quarter ended June 2018, TATA STEEL has posted a net profit of Rs 19 bn (up 998.7% YoY). Sales on the other hand came in at Rs 378 bn (up 43.3% YoY). Read on for a complete analysis of TATA STEEL's quarterly results.
India and South East Asia Business reported a good performance on the back of strong volume growth. European business witnessed pressure at EBITDA level due to narrower spread.
Tata Steel reported a robust operating performance on the back of strong domestic and European operations.
Tata Steel reported a robust operating performance on the back of strong domestic and European operations.
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