Tata Steel Q4 Results: Net profit jumps 117% YoY to ₹1,201 crore, dividend of ₹3.60 declared. Check record date here

Mint

12-05-2025

Tata Steel Q4 Results: Tata Group's steel manufacturing arm, Tata Steel Ltd, announced its January to March quarter results for the financial year ended 2024-25. The company recorded a 117 per cent rise in its consolidated net profits to ₹ 1,201 crore, compared to ₹ 554.56 crore in the same quarter of the previous financial year.
The company's core revenue from operations dropped 4.2 per cent to ₹ 56,218 crore in the fourth quarter results compared to ₹ 58,687 crore in the same period a year ago.
Even though the company's revenues took a dip, the firm managed to cut some expenses for the quarter. The total expenses for the January to March quarter witnessed a 4.1 per cent drop to ₹ 56,218 crore, compared year-on-year with ₹ 58,687.31.
Tata Steel's two major revenue-generating operations, Tata Steel India and Tata Steel Europe, witnessed a fall in revenues for the fourth quarter, dragging down the income from core operations for the steel major.
Tata Steel's board of directors announced a 360 per cent dividend issue of ₹ 3.60 per equity share with a face value of Re 1 apiece. This means that every shareholder will receive a dividend of ₹ 3.60 for each equity share they own of the steel-making giant.
'Recommended a dividend of ₹ 3.60 per Ordinary (Equity) Share of face value ₹ 1/- each (360%) to the shareholders of the Company for FY2024-25,' said the company in the NSE statement.
The company's board of directors has fixed the 'Record Date' for the dividend issue on Friday, June 6, 2025. Tata Steel also disclosed that the dividend will be paid within five days from the date of the Annual General Meeting (AGM).
'The Board of the Company has fixed Friday, June 6, 2025 as the Record Date for determining the Members entitled to receive the dividend for the FY2024-25,' said the company.
Tata Steel shares closed 6.16 per cent higher at ₹ 151.55 after Monday's stock market session, compared to ₹ 142.75 at the previous market close. The company announced their fourth quarter results and dividend issue development after market hours on May 12.
Tata Steel shares have given stock market investors more than 450 per cent returns on their investment in the last five years. However, the shares have lost 7.51 per cent in the last one-year period.
On a year-to-date (YTD) basis, the shares have gained 10.82 per cent, and are trading 6.58 per cent higher in the last five trading sessions.
Tata Steel shares hit their 52-week high level at ₹ 184.60 on June 18, 2024, while the 52-week low mark was at ₹ 122.60 on January 13, 2025, according to BSE data.