Overview
- Tata Steel reported a 112.7% year-on-year rise in consolidated net profit to Rs 1,301 crore, despite a 4.2% decline in revenue to Rs 56,218 crore.
- Tata Steel's UK operations posted an EBITDA loss of Rs 873 crore, while its Netherlands unit returned to profitability with an EBITDA of Rs 124 crore.
- Tata Motors' consolidated net profit for Q4 fell by 51.2% year-on-year to Rs 8,556 crore, with revenues remaining flat at Rs 1,19,503 crore.
- Jaguar Land Rover (JLR) showed margin recovery, though overall profitability was impacted by higher costs and global pressures.
- Both Tata Steel and Tata Motors proposed final dividends, with Tata Motors recommending Rs 6 per share and Tata Steel Rs 3.6 per share, reflecting a focus on shareholder returns.