Tata Steel Limited — Board Meeting, 30-07-2025: Outcome of Board Meeting
30-07-2025 | 05:59 pm
30-07-2025 | 05:59 pm
Tata Steel's Board has approved its Q1 consolidated financial results. The company posted a revenue of ₹53,178.12 Cr and a net profit of ₹2,007.36 Cr for the quarter. Earnings per share (EPS) stood at ₹1.67.
In a strategic move, the Board also greenlit an investment of up to ₹6 Cr for a 26% equity stake in TP Adarsh Limited (TPAL), a subsidiary of Tata Power Renewable Energy. This acquisition aims to enhance Tata Steel's renewable energy use, optimize power costs, and significantly reduce its carbon footprint.
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