Tata Steel will hold a meeting of the Board of Directors of the Company on 31 July 2024.Powered by Capital Market - Live News

Tata Steel announced that the 117th Annual General Meeting (AGM) of the company will be held on 15 July 2024.Powered by Capital Market - Live News

Tata Steel announced that the Board of Directors of the Company at its meeting held on 29 May 2024, inter alia, have recommended the final dividend of Rs 3.6 per equity Share (i.e. 360%) , subject to the approval of the shareholders.Powered by Capital Market - Live News

Net profit of Tata Steel declined 64.13% to Rs 611.48 crore in the quarter ended March 2024 as against Rs 1704.86 crore during the previous quarter ended March 2023. Sales declined 6.09% to Rs 58445.89 crore in the quarter ended March 2024 as against Rs 62238.78 crore during the previous quarter ended March 2023.For the full year,net loss reported to Rs 4437.44 crore in the year ended March 2024 as against net profit of Rs 8760.40 crore during the previous year ended March 2023. Sales declined 5.93% to Rs 227296.20 crore in the year ended March 2024 as against Rs 241636.25 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales58445.8962238.78 -6 227296.20241636.25 -6 OPM %11.2911.60 -9.7913.37 - PBDT4971.295691.39 -13 16549.2027457.06 -40 PBT2403.343309.18 -27 6667.0418121.86 -63 NP611.481704.86 -64 -4437.448760.40 PL Powered by Capital Market - Live News

The Board of Tata Steel at its meeting held on 29 May 2024 has approved the issuance of non-convertible debentures up to Rs 3,000 crore on private placement basis in one or more tranches. Powered by Capital Market - Live News