Tata Steel in massive debt reduction, cuts ₹50,000 crore in 2 years
The steelmaker’s debt came down to ₹54,504 crore in June this year, from ₹104,692 crore two years back.
tata steel net debt
July 2022
February 2022
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.
