Tata Steel to invest ₹1 lakh crore to double its steelmaking capacity
It is expected to expand production capacity at its plants in Angul, Kalinganagar and Jamshedpur to achieve 40MT target.
tata steel debt
March 2022
February 2022
November 2021
Tata Steel cut debt 40% during Covid-19; zero net debt likely in 11 qtrs
It will take 11 quarters to bring down its net debt to zero at the current run rate.
Tata Steel net profit rises 7x to ₹12,548 crore in Q2 FY22
Debt repayments of ₹11,424 crore in the first six months of FY22; gross debt reduced to ₹78,163 crore.
