<p>New Delhi: Tata Steel on Monday reported a 5 per cent fall in its consolidated steel production to 7.45 million tonnes (MT) for the last quarter of FY25, mainly due to ongoing transition at the company's operations in the UK.</p><p>The company had produced 7.85 MT in the January-March quarter of the preceding 2023-24 fiscal, with 0.31 MT coming from the UK plant.</p>.Metal stocks hit hard; Tata Steel tanks nearly 8%.<p>In FY25, the consolidated steel production in India, the Netherlands, the UK and Thailand increased 3.53 per cent to 30.75 MT from 29.7 MT in FY24.</p><p>Tata Steel reported a 5.34 per cent rise in consolidated sales to 8.28 MT in Q4 FY25 over 7.86 MT sales in the last quarter of 2023-24.</p><p>The company sales for the entire fiscal rose 6 per cent to 30.86 MT against 29.16 MT in FY24.</p><p>According to Tata Steel, there was no production at its manufacturing site in the UK in the third and fourth quarters of the last fiscal.</p><p>"Both the blast furnaces (BF) were closed at the end of 2Q FY25 and presently, Tata Steel UK (TSUK) is servicing its customers via downstream processing of purchased substrate. Deliveries stood at 2.5 MT, adversely impacted by subdued demand dynamics," the company said.</p><p>Tata Steel Netherlands production in FY25 was 6.75 MT and deliveries were 6.2 MT. Production and deliveries were up year-on-year upon return to normal operating levels post-completion of the reline of BF 6 in February 2024.</p><p>Tata Steel Thailand output and deliveries were unchanged year-on-year at 0.31 MT and 0.32 MT, respectively, in Q4 FY25.</p><p>The production and sales in FY25 stood at 1.18 MT and 1.19 MT, respectively, in FY25. The output and deliveries were at 1.12 MT in FY24.</p><p>Tata Steel India crude steel production increased by 5 per cent y-o-y to around 21.8 MT FY2025, upon commissioning of India's largest blast furnace at its Kalinganagar plant and higher steel production at Neelachal Ispat Nigam Limited.</p><p>In 4Q FY25, the production in India was 5.51 MT, lower from 5.40 MT in Q4FY24.</p><p>Domestic deliveries rose year-on-year to around 21 MT from 19.91 MT, leveraging the domestic steel demand growth. During the quarter, the domestic deliveries rose to 5.6 MT from 5.42 MT, respectively, in Q4 FY24.</p><p>The Automotive & Special Products' (A&SP) vertical deliveries were broadly similar year-on-year at 3.1 MT.</p><p>Branded Products & Retail (BPR) segment deliveries increased by 7 per cent year-on-year to 7 MT.</p><p>Industrial Products & Projects (IPP) vertical deliveries were broadly unchanged at 7.3 MT.</p><p>Revenues from Tata Steel Aashiyana, an e-commerce platform for individual home builders, surged 60 per cent to Rs 3,550 crore. The growth has been aided by enhanced reach and strategic initiatives to enhance consumer experience, Tata Steel said.</p>
<p>New Delhi: Tata Steel on Monday reported a 5 per cent fall in its consolidated steel production to 7.45 million tonnes (MT) for the last quarter of FY25, mainly due to ongoing transition at the company's operations in the UK.</p><p>The company had produced 7.85 MT in the January-March quarter of the preceding 2023-24 fiscal, with 0.31 MT coming from the UK plant.</p>.Metal stocks hit hard; Tata Steel tanks nearly 8%.<p>In FY25, the consolidated steel production in India, the Netherlands, the UK and Thailand increased 3.53 per cent to 30.75 MT from 29.7 MT in FY24.</p><p>Tata Steel reported a 5.34 per cent rise in consolidated sales to 8.28 MT in Q4 FY25 over 7.86 MT sales in the last quarter of 2023-24.</p><p>The company sales for the entire fiscal rose 6 per cent to 30.86 MT against 29.16 MT in FY24.</p><p>According to Tata Steel, there was no production at its manufacturing site in the UK in the third and fourth quarters of the last fiscal.</p><p>"Both the blast furnaces (BF) were closed at the end of 2Q FY25 and presently, Tata Steel UK (TSUK) is servicing its customers via downstream processing of purchased substrate. Deliveries stood at 2.5 MT, adversely impacted by subdued demand dynamics," the company said.</p><p>Tata Steel Netherlands production in FY25 was 6.75 MT and deliveries were 6.2 MT. Production and deliveries were up year-on-year upon return to normal operating levels post-completion of the reline of BF 6 in February 2024.</p><p>Tata Steel Thailand output and deliveries were unchanged year-on-year at 0.31 MT and 0.32 MT, respectively, in Q4 FY25.</p><p>The production and sales in FY25 stood at 1.18 MT and 1.19 MT, respectively, in FY25. The output and deliveries were at 1.12 MT in FY24.</p><p>Tata Steel India crude steel production increased by 5 per cent y-o-y to around 21.8 MT FY2025, upon commissioning of India's largest blast furnace at its Kalinganagar plant and higher steel production at Neelachal Ispat Nigam Limited.</p><p>In 4Q FY25, the production in India was 5.51 MT, lower from 5.40 MT in Q4FY24.</p><p>Domestic deliveries rose year-on-year to around 21 MT from 19.91 MT, leveraging the domestic steel demand growth. During the quarter, the domestic deliveries rose to 5.6 MT from 5.42 MT, respectively, in Q4 FY24.</p><p>The Automotive & Special Products' (A&SP) vertical deliveries were broadly similar year-on-year at 3.1 MT.</p><p>Branded Products & Retail (BPR) segment deliveries increased by 7 per cent year-on-year to 7 MT.</p><p>Industrial Products & Projects (IPP) vertical deliveries were broadly unchanged at 7.3 MT.</p><p>Revenues from Tata Steel Aashiyana, an e-commerce platform for individual home builders, surged 60 per cent to Rs 3,550 crore. The growth has been aided by enhanced reach and strategic initiatives to enhance consumer experience, Tata Steel said.</p>