Tata Steel overtakes TCS as most profitable Tata Group company
India's largest steelmaker clocked a consolidated net profit of ₹41,749 crore in the last fiscal.
tata steel net profit
May 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.
