Tata Steel Ltd posts Rs. 2223.84 crores consolidated loss in Q3 FY2023

has reported Consolidated financial results for the period ended December 31, 2022.

Financial Results (Q3 FY2023) - QoQ Comparison

The company has reported total income of Rs. 57354.16 crores during the period ended December 31, 2022 as compared to Rs. 60206.78 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. -2223.84 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 1514.42 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. -1.82 for the period ended December 31, 2022 as compared to Rs. 1.24 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹57354.16 crs	₹60206.78 crs	-4.74%
Net Profit	₹-2223.84 crs	₹1514.42 crs	-246.84%
EPS	₹-1.82	₹1.24	-246.77%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.57354.16 crores during the period ended December 31, 2022 as compared to Rs.60842.72 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.-2223.84 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.9572.67 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.-1.82 for the period ended December 31, 2022 as compared to Rs.7.91 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹57354.16 crs	₹60842.72 crs	-5.73%
Net Profit	₹-2223.84 crs	₹9572.67 crs	-123.23%
EPS	₹-1.82	₹7.91	-123.01%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.181259.09 crores during the 9 Months period ended December 31, 2022 as compared to Rs.175128.36 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.7055.54 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.30397.73 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.5.78 for the 9 Months period ended December 31, 2022 as compared to Rs.25.22 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹181259.09 crs	₹175128.36 crs	3.50%
Net Profit	₹7055.54 crs	₹30397.73 crs	-76.79%
EPS	₹5.78	₹25.22	-77.08%

Source : Equity Bulls

Keywords

TataSteel Q3FY23 9MFY23 ResultUpdate