Integrated Filing — IndAS

General information about company
Scrip Code	500470
NSE Symbol	TATASTEEL
MSEI Symbol	NOTLISTED
ISIN	INE081A01020
Name of company	TATA STEEL LIMITED
Type of company	Main Board
Class of security	Equity
Date of start of financial year	01-Apr-2024
Date of end of financial year	31-Mar-2025
Date of board meeting when results were approved	12-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	06-May-2025
Description of presentation currency	INR (in Actuals)
Reporting Type	Quarterly
Reporting Quarter	Fourth quarter
Nature of report standalone or consolidated	Standalone
Whether results are audited or unaudited for the quarter ended	Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended	Audited
Segment Reporting	Single segment
Description of single segment	Single Segment Report is reported in the Standalone Financial Results of the Company for year ended March 31, 2025
Start date and time of board meeting	12-May-2025   14:00:00
End date and time of board meeting	12-May-2025   17:00:00
Whether cash flow statement is applicable on company	Yes
Type of cash flow statement	Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification	Declaration of unmodified opinion
Whether the company has any related party?	Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure?	Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public	NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure.	NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)?	Yes
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?	Yes
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company?	Yes
Latest Date on which RPT policy is updated	2025-03-12
Indicate Company website link for updated RPT policy of the Company	https://www.tatasteel.com/media/23673/policy-on-related-party-transactions-revised-march-12-2025.pdf
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter?	No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity?	Yes

Financial Results Ind-AS
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Standalone	Standalone
Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1	Income
	Revenue from operations	343988400000	1325166600000
	Other income	5649900000	22469000000
	Total income	349638300000	1347635600000
2	Expenses
(a)	Cost of materials consumed	105888800000	440889300000
(b)	Purchases of stock-in-trade	22848900000	98255000000
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	9801700000	3306600000
(d)	Employee benefit expense	19751900000	80100800000
(e)	Finance costs	11005300000	42383500000
(f)	Depreciation, depletion and amortisation expense	16175300000	62531600000
(f)	Other Expenses
1	Other expenses	115904200000	423960000000
	Total other expenses	115904200000	423960000000
	Total expenses	301376100000	1151426800000
3	Total profit before exceptional items and tax	48262200000	196208800000
4	Exceptional items	-5330400000	-9020400000
5	Total profit before tax	42931800000	187188400000
6	Tax expense
7	Current tax	11957600000	37655100000
8	Deferred tax	-717700000	9836300000
9	Total tax expenses	11239900000	47491400000
10	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	0	0
11	Net Profit Loss for the period from continuing operations	31691900000	139697000000
12	Profit (loss) from discontinued operations before tax	0	0
13	Tax expense of discontinued operations	0	0
14	Net profit (loss) from discontinued operation after tax	0	0
15	Share of profit (loss) of associates and joint ventures accounted for using equity method	0	0
16	Total profit (loss) for period	31691900000	139697000000
17	Other comprehensive income net of taxes	-249829300000	-239731600000
18	Total Comprehensive Income for the period	-218137400000	-100034600000
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent
	Total profit or loss, attributable to non-controlling interests
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent
	Total comprehensive income for the period attributable to owners of parent non-controlling interests
21	Details of equity share capital
	Paid-up equity share capital	12486000000	12486000000
	Face value of equity share capital	1	1
27	Details of debt securities
22	Reserves excluding revaluation reserve		1254833400000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	2.54	11.19
	Diluted earnings (loss) per share from continuing operations	2.54	11.19
ii	Earnings per equity share for discontinued operations
	Basic earnings (loss) per share from discontinued operations	0	0
	Diluted earnings (loss) per share from discontinued operations	0	0
ii	Earnings per equity share
	Basic earnings (loss) per share from continuing and discontinued operations	2.54	11.19
	Diluted earnings (loss) per share from continuing and discontinued operations	2.54	11.19
24	Debt equity ratio	0.0043	0.0044
25	Debt service coverage ratio	0.0347	0.0382
26	Interest service coverage ratio	0.0887	0.0994
27	Disclosure of notes on financial results

Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio

Statement of Asset and Liabilities
Particulars		Year ended (dd-mm-yyyy)
Date of start of reporting period		01-Apr-2024
Date of end of reporting period		31-Mar-2025
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Standalone
	Assets
1	Non-current assets
	Property, plant and equipment	985467200000
	Capital work-in-progress	341890600000
	Investment property	0
	Goodwill	126600000
	Other intangible assets	9196800000
	Intangible assets under development	6712400000
	Biological assets other than bearer plants	0
	Investments accounted for using equity method	0
	Non-current financial assets
	Non-current investments	726990100000
	Trade receivables, non-current	0
	Loans, non-current	48162200000
	Other non-current financial assets	20155800000
	Total non-current financial assets	795308100000
	Deferred tax assets (net)	0
	Other non-current assets	65596700000
	Total non-current assets	2204298400000
2	Current assets
	Inventories	229338500000
	Current financial asset
	Current investments	1200000
	Trade receivables, current	15656500000
	Cash and cash equivalents	31119300000
	Bank balance other than cash and cash equivalents	10326900000
	Loans, current	247400000
	Other current financial assets	14026500000
	Total current financial assets	71377800000
	Current tax assets (net)	0
	Other current assets	36312700000
	Total current assets	337029000000
3	Non-current assets classified as held for sale	0
4	Regulatory deferral account debit balances and related deferred tax Assets	0
	Total assets	2541327400000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	12486000000
	Other equity	1254833400000
	Total equity attributable to owners of parent	1267319400000
	Non controlling interest
	Total equity	1267319400000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	542180400000
	Trade payables, non-current
	(A) Total outstanding dues of micro enterprises and small enterprises	0
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	0
	Total Trade payable	0
	Other non-current financial liabilities	11929500000
	Total non-current financial liabilities	554109900000
	Provisions, non-current	31537000000
	Deferred tax liabilities (net)	24501500000
	Deferred government grants, Non-current	0
	Other non-current liabilities	119030400000
	Total non-current liabilities	729178800000
	Current liabilities
	Current financial liabilities
	Borrowings, current	90053500000
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	12361800000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	193649300000
	Total Trade payable	206011100000
	Other current financial liabilities	99742900000
	Total current financial liabilities	395807500000
	Other current liabilities	122588500000
	Provisions, current	11913400000
	Current tax liabilities (Net)	14519800000
	Deferred government grants, Current	0
	Total current liabilities	544829200000
3	Liabilities directly associated with assets in disposal group classified as held for sale	0
4	Regulatory deferral account credit balances and related deferred tax liability	0
	Total liabilities	1274008000000
	Total equity and liabilites	2541327400000
	Disclosure of notes on assets and liabilities

Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars		3 months/ 6 month ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period		01-Jan-2025	01-Apr-2024
Date of end of reporting period		31-Mar-2025	31-Mar-2025
Whether accounts are audited or unaudited		Audited	Audited
Nature of report standalone or consolidated		Standalone	Standalone
1	Segment Revenue (Income)
	(net sale/income from each segment should be disclosed)
	Total Segment Revenue
	Less: Inter segment revenue
	Revenue from operations
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
	Total Profit before tax
	i. Finance cost
	ii. Other Unallocable Expenditure net off Unallocable income
	Profit before tax
3	(Segment Asset - Segment Liabilities)
	Segment Asset
	Total Segment Asset
	Un-allocable Assets	null	null
	Net Segment Asset	null	null
4	Segment Liabilities
	Segment Liabilities
	Total Segment Liabilities
	Un-allocable Liabilities	null	null
	Net Segment Liabilities	null	null
	Disclosure of notes on segments

Other Comprehensive Income
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Standalone	Standalone
	Other comprehensive income [Abstract]
1	Amount of items that will not be reclassified to profit and loss
1	Items that will not be reclassified to profit or loss	-249125500000	-238979300000
	Total Amount of items that will not be reclassified to profit and loss	-249125500000	-238979300000
2	Income tax relating to items that will not be reclassified to profit or loss	-75100000	-187800000
3	Amount of items that will be reclassified to profit and loss
1	Items that will be reclassified to profit or loss	-1040800000	-1256200000
	Total Amount of items that will be reclassified to profit and loss	-1040800000	-1256200000
4	Income tax relating to items that will be reclassified to profit or loss	-261900000	-316100000
5	Total Other comprehensive income	-249829300000	-239731600000

Cash flow statement, indirect
Particulars				Year ended (dd-mm-yyyy)
A	Date of start of reporting period			2024-04-01
B	Date of end of reporting period			2025-03-31
C	Whether results are audited or unaudited			Audited
D	Nature of report standalone or consolidated			Standalone
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			187188400000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			42383500000
	Adjustments for decrease (increase) in inventories			15841300000
	Adjustments for decrease (increase) in trade receivables, current			-5485300000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			0
	Adjustments for decrease (increase) in other non-current assets			0
	Adjustments for other financial assets, non-current			0
	Adjustments for other financial assets, current			0
	Adjustments for other bank balances			0
	Adjustments for increase (decrease) in trade payables, current			-5226400000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			0
	Adjustments for increase (decrease) in other non-current liabilities			0
	Adjustments for depreciation and amortisation expense			62531600000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			0
	Adjustments for provisions, current			0
	Adjustments for provisions, non-current			0
	Adjustments for other financial liabilities, current			0
	Adjustments for other financial liabilities, non-current			0
	Adjustments for unrealised foreign exchange losses gains			-3975200000
	Adjustments for dividend income			2973500000
	Adjustments for interest income			18950100000
	Adjustments for share-based payments			0
	Adjustments for fair value losses (gains)			0
	Adjustments for undistributed profits of associates			0
	Other adjustments for which cash effects are investing or financing cash flow			9796400000
	Other adjustments to reconcile profit (loss)			0
	Other adjustments for non-cash items			-19191300000
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			74751000000
	Net cash flows from (used in) operations			261939400000
	Dividends received			0
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			23140300000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			238799100000
	Cash flows from used in investing activities
	Cash flows from losing control of subsidiaries or other businesses			0
	Cash flows used in obtaining control of subsidiaries or other businesses			245757200000
	Other cash receipts from sales of equity or debt instruments of other entities			7826100000
	Other cash payments to acquire equity or debt instruments of other entities			3277300000
	Other cash receipts from sales of interests in joint ventures			0
	Other cash payments to acquire interests in joint ventures			0
	Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships			0
	Cash payment for investment in partnership firm or association of persons or limited liability partnerships			0
	Proceeds from sales of property, plant and equipment			252800000
	Purchase of property, plant and equipment			111057100000
	Proceeds from sales of investment property			0
	Purchase of investment property			0
	Proceeds from sales of intangible assets			0
	Purchase of intangible assets			0
	Proceeds from sales of intangible assets under development			0
	Purchase of intangible assets under development			0
	Proceeds from sales of goodwill			0
	Purchase of goodwill			0
	Proceeds from biological assets other than bearer plants			0
	Purchase of biological assets other than bearer plants			0
	Proceeds from government grants			0
	Proceeds from sales of other long-term assets			0
	Purchase of other long-term assets			0
	Cash advances and loans made to other parties			11383100000
	Cash receipts from repayment of advances and loans made to other parties			2016500000
	Cash payments for future contracts, forward contracts, option contracts and swap contracts			0
	Cash receipts from future contracts, forward contracts, option contracts and swap contracts			0
	Dividends received			2973500000
	Interest received			1412900000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			10936300000
	Net cash flows from (used in) investing activities	-346056600000
	Cash flows from used in financing activities
	Proceeds from changes in ownership interests in subsidiaries			0
	Payments from changes in ownership interests in subsidiaries			0
	Proceeds from issuing shares			0
	Proceeds from issuing other equity instruments			0
	Payments to acquire or redeem entity's shares			0
	Payments of other equity instruments			0
	Proceeds from exercise of stock options			0
	Proceeds from issuing debentures notes bonds etc			30000000000
	Proceeds from borrowings			200264500000
	Repayments of borrowings			39314800000
	Payments of lease liabilities			5034500000
	Dividends paid			44940700000
	Interest paid			51135100000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			2969400000
	Net cash flows from (used in) financing activities			92808800000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			-14448700000
	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents			0
	Net increase (decrease) in cash and cash equivalents			-14448700000
	Cash and cash equivalents cash flow statement at beginning of period			45568000000
	Cash and cash equivalents cash flow statement at end of period			31119300000