| Purpose | Announcement Date | Ex-Date | Record Date | Dividend Amount | Dividend per Share | Remark |
|---|---|---|---|---|---|---|
| Dividend | 29 May 2024 | 21 Jun 2024 | 21 Jun 2024 | 3.6 | 360 | Final |
| Recommended a dividend of ?3.60 per Ordinary (Equity) Share of face value ?1/- each (360%) to the shareholders of the Company for FY2023-24. | ||||||
This investment, made on February 25, 2025, was used to repay external debt in Tata Steel’s offshore subsidiaries as well as to support the restructuring of Tata Steel UK Ltd.
Following the acquisition, T Steel Holdings Pte Ltd will continue to be a wholly owned subsidiary of Tata Steel.
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This project is supported by the UK Government with £500 million and is set to safeguard 5,000 jobs and dramatically cut the carbon emissions from the site.
EBITDA margin also came in steady at 11%, which is a tad lower than a year ago 11.3% but comfortably ahead of consensus at 8.9%.
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Industrial product and project deliveries remained consistent, but value-added segments experienced double-digit growth.
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The revenue from the Neelachal Ispat Nigam Ltd (NINL) business increased to ₹1,348 Crore in the September quarter of 2024.
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