{"id":149746,"date":"2023-07-24T09:54:55","date_gmt":"2023-07-24T13:54:55","guid":{"rendered":"https:\/\/44.250.171.167\/?p=149746"},"modified":"2023-07-24T09:54:56","modified_gmt":"2023-07-24T13:54:56","slug":"tata-steel-ltd-q1fy24-93-fall-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/tata-steel-ltd-q1fy24-93-fall-in-profits\/","title":{"rendered":"Tata Steel Ltd Q1FY24; 93% fall in Profits"},"content":{"rendered":"\n<p>Tata Steel Ltd is Asia&#8217;s first integrated private steel company setup in 1907. The company has presence across the entire value chain of steel manufacturing from mining and processing iron ore and coal to producing and distributing finished products. The company has a target to increase domestic steelmaking capacity to 30 MnTPA by 2025.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Financial Results:<\/h2>\n\n\n\n<p>Tata Steel Ltd reported Revenues for Q1FY24 of \u20b959,490.00 Crores down from \u20b963,430.00 Crore year on year, a fall of 6.21%.<\/p>\n\n\n\n<p>Total Expenses for Q1FY24 of \u20b958,824.00 Crores up from \u20b951,912.00 Crores year on year, a rise of 13.31%.<\/p>\n\n\n\n<p>Consolidated Net Profit of \u20b9525.00 Crores down 93.19% from \u20b97,714.00 Crores in the same quarter of the previous year.<\/p>\n\n\n\n<p>The Earnings per Share is \u20b90.52, down 91.82% from \u20b96.36 in the same quarter of the previous year.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><a href=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-180.png\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-180-839x1024.png\" alt=\"\" class=\"wp-image-149747\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-180-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-180-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-180-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-180-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-180.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/a><\/figure><\/div>\n\n\n\n<p>*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.<\/p>\n\n\n\n<p>*The presented data is automatically generated. It may occasionally generate incorrect information.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tata Steel Ltd is Asia&#8217;s first integrated private steel company setup in 1907. The company has presence across the entire value chain of steel manufacturing from mining and processing iron ore and coal to producing and distributing finished products. The company has a target to increase domestic steelmaking capacity to 30 MnTPA by 2025. Financial [&hellip;]<\/p>\n","protected":false},"author":1863,"featured_media":149747,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,392,5753],"tags":[9148,11783,9010],"class_list":["post-149746","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-earnings","category-industrials","tag-steel","tag-steel-pipe","tag-steel-producer"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-180.png","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":149191,"url":"https:\/\/alphastreet.com\/india\/tata-steel-long-products-ltd-q1fy24-4-fall-in-revenue\/","url_meta":{"origin":149746,"position":0},"title":"Tata Steel Long Products Ltd Q1FY24; 4% fall in Revenue","author":"Chirag Gupta","date":"July 15, 2023","format":false,"excerpt":"Tata Steel Long Products Ltd, formerly known as Tata Sponge Iron Limited, is engaged in manufacturing high alloy steel, primarily for the auto sector and wire rope industry, and sponge iron for use by the secondary steel sector. Financial Results: Tata Steel Long Products Ltd reported Revenues for Q1FY24 of\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-29.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-29.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-29.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-29.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-29.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-29.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":149124,"url":"https:\/\/alphastreet.com\/india\/tata-metaliks-ltd-q1fy24-273-rise-in-profits\/","url_meta":{"origin":149746,"position":1},"title":"Tata Metaliks Ltd Q1FY24; 273% rise in Profits","author":"Chirag Gupta","date":"July 13, 2023","format":false,"excerpt":"Tata Metaliks incorporated in 1990 as a subsidiary of Tata Steel, is one of India\u2019s leading producers of high-quality Pig Iron (PI) and Ductile Iron Pipes (DIP). The Company products find use in the water infrastructure industry and partly cast into PI for use in foundries. Financial Results: Tata Metaliks\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-10.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-10.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-10.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-10.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-10.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-10.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":153409,"url":"https:\/\/alphastreet.com\/india\/tata-metaliks-ltd-q1fy24-273-rise-in-profits-2\/","url_meta":{"origin":149746,"position":2},"title":"Tata Metaliks Ltd Q1FY24; 273% rise in Profits","author":"Chirag Gupta","date":"August 14, 2023","format":false,"excerpt":"Tata Metaliks incorporated in 1990 as a subsidiary of Tata Steel, is one of India\u2019s leading producers of high-quality Pig Iron (PI) and Ductile Iron Pipes (DIP).Co. products find use in the water infrastructure industry and partly cast into PI for use in foundries. Financial Results: Tata Metaliks Ltd reported\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-909.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-909.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-909.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-909.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-909.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-909.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":149225,"url":"https:\/\/alphastreet.com\/india\/tinplate-company-of-india-ltd-q1fy24-97-fall-in-profits\/","url_meta":{"origin":149746,"position":3},"title":"Tinplate Company of India Ltd Q1FY24; 97% fall in Profits","author":"Chirag Gupta","date":"July 17, 2023","format":false,"excerpt":"Tinplate Company of India Limited (TCIL) is a producer of tin coated and tin free steel sheets in India. It is a Subsidiary of Tata Steel Limited. Financial Results: Tinplate Company of India Ltd reported Revenues for Q1FY24 of \u20b9914.25 Crores down from \u20b91,006.52 Crore year on year, a fall\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-39.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-39.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-39.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-39.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-39.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-39.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":153858,"url":"https:\/\/alphastreet.com\/india\/steel-exchange-india-ltd-q1fy24-31-fall-in-revenue\/","url_meta":{"origin":149746,"position":4},"title":"Steel Exchange India Ltd Q1FY24; 31% fall in Revenue","author":"Chirag Gupta","date":"August 14, 2023","format":false,"excerpt":"Incorporated in 1999, Steel Exchange India Ltd. is engaged in manufacturing and sale of steel and related products and generation of power. Financial Results: Steel Exchange India Ltd reported Revenues for Q1FY24 of \u20b9251.25 Crores down from \u20b9364.85 Crore year on year, a fall of 31.14%. Total Expenses for Q1FY24\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1056.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1056.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1056.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1056.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1056.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1056.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":152595,"url":"https:\/\/alphastreet.com\/india\/s-a-l-steel-ltd-q1fy24-29-fall-in-profits\/","url_meta":{"origin":149746,"position":5},"title":"S.A.L Steel Ltd Q1FY24; 29% fall in Profits","author":"Chirag Gupta","date":"August 10, 2023","format":false,"excerpt":"S.A.L Steel Ltd is engaged in the manufacturing of Sponge Iron & Ferro Alloy used in iron & steel industry. The Co also has power generation capacity of 40 MW. Financial Results: S.A.L Steel Ltd reported Revenues for Q1FY24 of \u20b9153.64 Crores up from \u20b9118.70 Crore year on year, a\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-641.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-641.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-641.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-641.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-641.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-641.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/149746","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1863"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=149746"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/149746\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/149747"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=149746"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=149746"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=149746"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}