TATA STEEL: Q2 CONS NET PROFIT 15.14B RUPEES VS 119B (YOY); EST 25.5B | 77.65B (QOQ) || Q2 REVENUE 599B RUPEES VS 604B (YOY); 634.3B (QOQ)
TATA STEEL: Q2 EBITDA 60.61B RUPEES VS 165B (YOY) || Q2 EBITDA MARGIN 10% VS 27.3% (YOY)
TATA STEEL: CO SAYS OPERATING ENVIRONMENT SHOULD GRADUALLY IMPROVE IN 2H ON GOVERNMENT MEASURES AND RESTOCKING
TATA STEEL: CO SAYS ENERGY COSTS IN EUROPE CONTINUE TO REMAIN A KEY WATCHPOINT || LIQUIDITY POSITION CONTINUES TO BE STRONG, CREDIT METRICES REMAIN AT INVESTMENT GRADE LEVELS
TATA STEEL: CO SAYS WORK HAS COMMENCED ON SETTING UP 0.75 MTPA ELECTRIC ARC FURNACE IN PUNJAB || MARGINS SHOULD BENEFIT ACROSS GEOGRAPHIES FROM GRADUAL RECOVERY IN INDIAN MARKETS, FAVOURABLE MOVEMENT IN RAW MATERIAL PRICES
By: via Allies Fin Serve Stock Market
