Tata Steel Full Year 2024 Earnings: EPS Misses Expectations

Tata Steel (NSE:TATASTEEL) Full Year 2024 Results

Key Financial Results

• Revenue: ₹2.29t (down 5.8% from FY 2023).
• Net loss: ₹44.4b (down by 151% from ₹87.6b profit in FY 2023).
• ₹3.62 loss per share (down from ₹7.18 profit in FY 2023).

TATASTEEL Production and Reserves

Iron

• Production: 35.33 Mt (33.8 Mt in FY 2023)

Coal

• Production: 5.924 Mt (5.769 Mt in FY 2023)

All figures shown in the chart above are for the trailing 12 month (TTM) period

Tata Steel EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates.

The primary driver behind last 12 months revenue was the Tata Steel India segment contributing a total revenue of ₹1.41t (62% of total revenue). Explore how TATASTEEL's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Metals and Mining industry in India.

Performance of the Indian Metals and Mining industry.

The company's shares are down 3.0% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 3 warning signs for Tata Steel (2 shouldn't be ignored) you should be aware of.

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