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The steelmakers consolidated net profit stood at Rs 522 crore in Oct-Dec as against a loss both in the year-ago period and a quarter ago. Consolidated sales for the quarter were down 3% on year at Rs 55,312 crore. Tata Steels consolidated earnings before interest, tax, depreciation and amortization jumped more than 50% on year to 6,334 crore rupees even as deliveries remained flat. The operating profit was higher on a sequential basis as well. ....
Revenue from operations, meanwhile, dropped 6 per cent year on year (YoY) to Rs 57,084 crore in Q3 FY23. Tata Steel s earnings before interest, taxes, depreciation, and amortization (EBITDA) stood at Rs 4,154 crore with an EBITDA margin of 7 per cent. aaa ....
The bright spot is that Ebitda per tonne is likely to have bottomed out in Q3 when this measure stood at a loss of ₹7,810 (or $95) for Tata Steel Europe ....