Tata Steel shares gained momentum ahead [1] of the company’s March quarter earnings announcement, scheduled for May 12. At 10:30 am, the stock was trading at ₹147.97 per share on the National Stock Exchange (NSE), reflecting a 3.47% increase.
In a May 8 exchange filing, the Tata Group firm confirmed that its board would convene on May 12 to review the company’s financial performance for the fourth quarter and the full fiscal year 2025. The board is also set to decide on a potential dividend for shareholders.
“The meeting of the Board of Directors will consider and take on record the audited standalone and unaudited consolidated financial results for the quarter ended March 31, 2025, as well as the audited standalone and consolidated financial statements for the financial year ended March 31, 2025. Additionally, the board will review dividend recommendations, if any,” the company stated in its filing.
Tata Steel also notified investors that its trading window had been closed since March 25 and will reopen 48 hours after the earnings disclosure.
Q4 FY25 Earnings Outlook
According to a report by Axis Securities, steel producers—including Tata Steel—are expected to witness sequential growth in earnings before interest, taxes, depreciation, and amortization (EBITDA), supported by higher sales volumes and lower coking coal consumption costs.
Despite this anticipated improvement, a slight decline in steel price realisations may limit overall gains. Tata Steel’s Q4 EBITDA is projected to rise by 6% sequentially, though on a year-on-year (YoY) basis, it is expected to decline by 6% due to weaker sales realisations in both India and Europe.
The brokerage firm also forecasts a YoY drop in Tata Steel’s consolidated revenue, primarily attributed to softer steel prices in key markets. However, stronger sales volumes are expected to provide some cushion. For Q4 FY25, revenue is projected at ₹54,432 crore, marking a 7.3% decline YoY but a 1.5% improvement sequentially.
Investors will be keenly watching the company’s financial report and management commentary to gauge its future outlook amid evolving steel industry dynamics.
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[1] Tata Steel share price up 3% ahead of Q4 results. Do you own? https://www.livemint.com/market/stock-market-news/tata-steel-share-price-up-3-ahead-of-q4-results-do-you-own-11747022888421.html