Tata Steel's CEO, T V Narendran, discusses the company's performance, mentioning benefits from lower coking coal costs in upcoming quarters. He highlights struggles in UK operations due to wind-down costs but expects EBITDA positivity in Netherlands Biz in Q1FY25. Tata Steel's net profit fell by 65% to ₹555 cr due to lower India prices. The company is focusing on restructuring UK business, expanding capacity in India, and maintaining financial health.
#TataSteel's #UK business likely to make operating profit in #H2, says CEO #TVNarendran https://t.co/XTUOlvE9vK
.@TataSteelLtd has a lot on its plate -- restructuring the business in the #UK, expanding capacity back home, and keeping an eye on the balance sheet. In an interview with @ishitaadutt, Tata Steel MD & CEO T V Narendran discusses a wide range of issues. https://t.co/XCzQ5mKoD6
#TataSteel net falls 65% to ₹555 cr on lower #India prices https://t.co/bbe54hgg3j
#OnETNOW | 'Will see benefit of lowing coking coal cost flowing in the next few quarters' says T V Narendran of Tata Steel @TataSteelLtd https://t.co/tBUi2rwYf6
#OnCNBCTV18 | "UK operations will continue to struggle due to wind-down costs in H1FY25, Netherlands Biz will turn EBITDA positive in Q1FY25" -Tata Steel's TV Narendran To CNBC-TV18 https://t.co/mlCHlnFHE3