Bhubaneswar : Tata Steel’ Kalinga Nagar Plant and the newly acuired Nilachal Ispat Nigam Ltd. (NINL) pushed the Comapny’s production and profit in Q4.

Announcing the financial results for the Jan-March quarter and full Financial Year 2024-25 on Monday, the Company has reported a 307% increase QoQ in its consolidated Q4 Profit after tax at Rs 1,201 crore. Q4 FY 25: Consolidated Revenues for the Jan- March 2025 quarter stood at Rs 56,218 crores, up 5% QoQ aided by rise in deliveries across geographies. EBITDA was Rs 6,762 crores with a margin of around 12%. India revenues were Rs 34,661 crores and EBITDA was Rs 7,418 crores, which translates to an EBITDA margin of 21%.

India revenues were Rs 1,33,444 crores and EBITDA was Rs 29,285 crores, which translates to an EBITDA margin of 22%.

The Company achieved highest ever’ crude steel production of ~21.7 million tons as well as ‘highest ever deliveries of ~20.9 million tons. Production was aided by 5 MTPA expansion at Kalinganagar and Neelachal Ispat Nigam Limited operating at rated capacity during the year.

Tata Steel’s 5 MTPA blast furnace at Kalinganagar is ramping up and the phased commissioning of 2.2 MTPA CRM complex is progressing with Continuous Galvanising lines expected to be commissioned in the next few months.

T V Narendran, Chief Executive Officer & Managing Director:
“We commissioned India’s largest blast furnace at Kalinganagar. India deliveries were best ever at around 21 million tons and were up 5% YoY aided by a smooth ramp up of the new blast furnace at Kalinganagar and capacity utilisation close to 100% at the remaining operations.

This year also marked landmark achievement in the form of a century of mining at Noamundi and in FY2025, we mined around 40 million tons of iron ore across our mines in India. I am also happy to share that we have been recognised by worldsteel as Sustainability champion for the eighth time in a row.”
Koushik Chatterjee, Executive Director and Chief Financial Officer:
“Tata Steel Consolidated revenues for FY2025 were around $26 billion and EBITDA was $3.1 billion. Consolidated EBITDA improved by 10% YoY aided by higher volumes and reduction in controllable costs despite the drop in realisations.

Neelachal Ispat Nigam Limited achieved annual EBITDA of around Rs 1,000 crores with a margin of 19% and free cash flow in excess of Rs 1,000 crores. This demonstrates the turnaround of the company which was closed at the time of acquisition almost three years ago.

We spent Rs 15,671 crores on capital expenditure during the year.