Tata Steel Saw Record Operational Performance In FY23: CEO T V Narendran
Listen to This Article
Tata Steel India reported a record operational performance in the last financial year despite a challenging environment, according to the company's CEO & MD T V Narendran.
The company produced 19.87 Million Tonnes (MT) of steel in the last fiscal as against 19.06 MT in 2021-22.
During the same period, sales were higher at 18.87 MT compared to 18.27 MT in the year-ago period.
"Tata Steel India reported a record-breaking operational performance in FY23 despite a challenging environment," Narendran said in a statement on Thursday.
"Our strong marketing network and agile business model enabled us to grow across segments," he added.
During January-March period, Tata Steel India's production increased to 5.15 MT from 4.90 MT in the year-ago period.
JPMorgan's Berlin Moment: Chase Takes On Europe
There is something quietly symbolic about JPMorgan Chase choosing Berlin as its gateway into continental Europe. In a fo... Read more
What Strategy's Bitcoin Sale Really Tells Us
There is a moment in every bull run when the narrative starts to fray. Not with a crash, not with a scandal, but with so... Read more
Coutts Sets Scope On New Continent
Coutts steps into private marketsCoutts, the private bank best known for serving Britain’s wealthiest families and the... Read more
From Cypherpunk To Citadel
How Crypto Moved from the Wild West to the Mainstream Financial SystemA long-form analysis of Bitcoin's journey from fri... Read more
ACB Securities: Building Scale, Trust & Innovation
ACB Securities: Building Scale, Trust and Innovation in Vietnam’s Capital MarketsACB Securities (ACBS) is emerging as ... Read more
War Risk Returns To Markets As VIX Surges
For most of the past year, global markets behaved as though geopolitical risk had largely disappeared. Inflation was eas... Read more