Tata Steel's Q2 profit could jump over 250% YoY
Tata Steel is about to reveal its Q2 results, and analysts think profits could soar by over 250% compared to last year—landing between ₹2,800 crore and ₹3,100 crore.
The big boost comes from cheaper coking coal and strong steel sales in India, even though global prices are still on the weaker side.
India is where Tata Steel shines
Home turf is where Tata Steel shines: Indian steel production and deliveries both grew 7%, with branded products like Tata Tiscon hitting record highs.
Their Netherlands business also helped profits, but things aren't perfect—losses in the UK are expected to get worse due to low prices and high fixed costs.
Steady revenue stream amid global challenges
While many steel companies are struggling, Tata Steel's revenue is holding steady at around ₹53,000-55,800 crore.
Their EBITDA (a measure of operating profit) could jump up to 67%.
It's a reminder that smart moves at home—and some luck with costs—can help a company stand out even when the global market isn't great.