Mumbai : In 2QFY2025, Tata Steel India crude steel production stood at 5.27 million tons and deliveries were 5.10 million tons. Domestic deliveries were around 4.9 million tons, up 5% YoY broadly in line with the growth in
production. On half year basis, crude steel production was up 5% YoY while deliveries increased by 4% YoY.
▪ Key highlights of domestic deliveries are:
‘Automotive & Special Products’ vertical4 deliveries for the quarter were marginally lower on YoY basis.
However, on half year basis, deliveries were broadly stable YoY at around 1.6 million tons.
‘Branded Products & Retail’ vertical deliveries for the quarter rose 3% YoY driven by performance of well-
established brands. Tata Tiscon deliveries were up 20% YoY leading to ‘best ever 2Q sales’. On half
year basis, deliveries were up 4% YoY to 3.3 million tons.
‘Industrial Products & Projects’ vertical4 deliveries for the quarter increased by 4% YoY, with strong
growth across value accretive segments, especially Engineering. On half year basis, deliveries were
broadly stable on YoY basis at around 3.6 million tons.
Revenues from Tata Steel Aashiyana, an e-commerce platform for Individual Home Builders, were
Rs. 1,263 crores and the ‘best ever 1H’ figures. Growth has been aided by various strategic initiatives
including migration to inhouse transaction platform.
In September 2024, Tata Steel India successfully commissioned India’s largest blast furnace at Kalinganagar, Odisha.
With ramp up of Kalinganagar facilities, India crude steel capacity will increase to 26.6 MTPA.
