
Tata Steel reported its second-quarter results for FY25, revealing a net profit of ₹758 crore, significantly higher than the ₹210 crore estimated by analysts. This marks a turnaround from a loss of ₹6,511 crore in the same period last year. Revenue for the quarter stood at ₹53,904.7 crore, slightly surpassing the expected ₹53,425 crore. The company's EBITDA reached ₹6,141.2 crore, exceeding the forecast of ₹4,976 crore, with a margin of 11.4%, above the anticipated 9.3%. Despite the positive results, the profit represents a 13% decline from the previous quarter, indicating ongoing challenges due to weak demand and falling prices for steel. The results reflect higher sales volumes and lower costs, contributing to the improved profitability.
Life Insurance Corp Q2 results: Net Premium Income: ₹1.19 lakh crore, up 11.6% Net Profit: ₹7,620.86 cr, down 3.8% #stockmarket #nifty #LIC
TATA MOTORS LTD. for Q2FY25: Board Meeting Outcome for Audited Financial Results For The Quarter And Half Year Ended September 30, 2024 Tata Motors Consolidated Q2 FY25 Results Revenue ₹101.5K Cr (-3.5%), EBITDA at ₹11.6K Cr PBT (bei) ₹5.8K Cr (-0.4K Cr), Automotive Free… https://t.co/qrJqCgKhlt
#2QWithCNBCTV18 | #TataMotors Reports #Q2Results👇 👉Net Profit Down 11.2% At ₹3,343 Cr Vs ₹3,764 Cr (YoY) 👉Revenue down 3.8% At ₹1.01 Lk Cr Vs ₹1.05 Lk Cr (YoY) 👉EBITDA Down 19% At ₹12,159 Cr Vs ₹13,767 Cr (YoY) 👉Margin At 12% Vs 13.1% (YoY) https://t.co/GpJWMv0RW9





































































