Tata Metal This autumn Outcomes: Revenue doubles by 113% YoY to Rs 1,301 crore, income down 4%; Rs 3.60 dividend per share declared
The corporate’s complete revenues from operations within the March-ended quarter stood at Rs 56,218 crore, which was down 4.2% versus Rs 58,687 crore within the corresponding quarter of the final monetary 12 months.
Tata Metal’s board as we speak advisable a dividend of Rs 3.60 per share for FY2024-25. The fee of dividend will likely be topic to the approval of the shareholders on the ensuing Annual Normal Assembly (AGM) scheduled on Wednesday, July 2, 2025. The corporate has set the document date on June 6, 2025.
The revenue after tax (PAT) surged 298% on a sequential foundation versus Rs 327 crore reported by the metal maker in Q3FY25. The overall revenues from operations have been additionally up 5% in opposition to Rs 53,648 crore reported within the October-December quarter of FY25.
The YoY revenue uptick was on account of decrease bills incurred within the quarter below assessment. The bills reported by the corporate in Q4FY25 stood at Rs 54,168 crore versus Rs 56,497 crore, a climb down of 4%. Nevertheless, bills have been up 4% on a sequential foundation in opposition to Rs 52,118.
