Tata Steel CEO & MD on Q2 losses, impairment charges, shrinking margins in Europe & the way ahead

Tata Steel reported a consolidated net loss of Rs 6,511 crore in Q2FY24 as against a net profit of Rs 1,297 crore a year ago, as the company was hit by a double whammy of impairment charges and shrinking margins in Europe. TV Narendran, CEO & MD speaks on the way ahead, his outlook on steel demand and prices in India and Europe.
Tata Steel reported a consolidated net loss of Rs 6,511 crore in Q2FY24 as against a net profit of Rs 1,297 crore a year ago, as the company was hit by a double whammy of impairment charges and shrinking margins in Europe. TV Narendran, CEO & MD speaks on the way ahead, his outlook on steel demand and prices in India and Europe.

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tata steel: Tata Steel reports ₹6,511 cr Q2 loss on impairment