Tata Steel Q4 Results: Profit surges 47% YoY to Rs 9,756 crore; company announces 10:1 stock split   

Tata Steel Q4 Results: Profit surges 47% YoY to Rs 9,756 crore; company announces 10:1 stock split

New Delhi: Tata Steel on Tuesday reported a 46.83 per cent year-on-year (YoY) rise in net profit at Rs 9,756.20 crore for the quarter ended March 31, 2022.

New Delhi: Tata Steel on Tuesday reported a 46.83 per cent year-on-year (YoY) rise in net profit at Rs 9,756.20 crore for the quarter ended March 31, 2022.

 The company had reported a profit of Rs 6,644.15 crore in the same quarter last year.

 The company had reported a profit of Rs 6,644.15 crore in the same quarter last year.

Revenue from the operations increased 38.6 per cent YoY to Rs 69,323.5 crore in Q4 FY22 from Rs 50,028.37 crore in Q4 FY21.

Revenue from the operations increased 38.6 per cent YoY to Rs 69,323.5 crore in Q4 FY22 from Rs 50,028.37 crore in Q4 FY21.

The steelmaker has reported a net profit of Rs 9,572.67 crore with an income from operations at Rs 60,783.11 crore in December 2021 quarter.

The steelmaker has reported a net profit of Rs 9,572.67 crore with an income from operations at Rs 60,783.11 crore in December 2021 quarter.

The company board recommended a dividend of Rs 51 per share.

The company board recommended a dividend of Rs 51 per share.

 The company has also announced a proportionate dividend of Rs 12.75 per equity share or 510 per cent for the partly paid-up ordinary shares of the company.

 The company has also announced a proportionate dividend of Rs 12.75 per equity share or 510 per cent for the partly paid-up ordinary shares of the company.

Apart from this, the company board has also approved sub-division of equity shares of the company having face value of Rs 10 each into 10 equity shares of Re 1 each.

Apart from this, the company board has also approved sub-division of equity shares of the company having face value of Rs 10 each into 10 equity shares of Re 1 each.

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