Performance Snapshot FY2022-23

Despite a challenging global business environment for the steel industry, Tata Steel had a record-breaking operational performance in India, in FY2022-23. We achieved the highest-ever annual production and deliveries, driven by our strong marketing network and agile business model.

Demonstrating resilience

  • Tata Steel (India)1
  • Tata Steel
    (Consolidated)

Production2

(MnT)
  • 4%

    0

  • 1%

    0

Deliveries

(MnT)
  • 3%

    0

  • 2%

    0

Turnover

(` crore)
  • 0.9%

    1,0

  • 0.2%

    2,0

Reported EBITDA

(` crore)
  • 48%

    0

  • 49%

    0

Adjusted EBITDA/tonne

(`)
  • 53%

    0

  • 53%

    0

Reported PAT

(` crore)
  • 61%

    0

  • 81%

    0

1 Tata Steel (India): Standalone & Tata Steel Long Products

2 Production Numbers: Standalone & Tata Steel Long Products – Crude Steel Production, Europe – Liquid Steel Production; SEA – Saleable Steel Production

Key highlights and milestones

Operational
Coil Stack at Tata Steel Kalinganagar
  • Completed the acquisition and steadily ramped up Neelachal Ispat Nigam Limited (NINL)
  • Progress made on brownfield and greenfield projects to expand its capacities at its Kalinganagar site, the Electric Arc Furnace at Ludhiana, and downstream plants across India
  • Signed an expression of principles with the Dutch government on decarbonisation of IJmuiden steel making operations
  • Launched Carbon Lite, a certificatebased, low carbon emission steel solution, offering the potential for up to 100% reduction in CO2 intensity to our customers in the UK and the Netherlands
  • 1st in India to receive a license for weather resistant steel
  • Provided fibre-reinforced composites for Vande Bharat coaches

36 MnT

of iron ore mined

107

New products developed
Completed acquisition of

NINL

and ramped up production capacity to 1 MnTPA
on an annualised basis within 3 months of
acquisition
People
Fostering diversity

AI-driven internal talent marketplace, stepUP, has been facilitating people with projects and mentoring opportunities

0+

Transgender
employees
Sustainability
Miyawaki plantation at Tata Steel Kalinganagar

Jamshedpur Steel plant becomes 1st to receive ResponsibleSteel certification in India

Best-in-Class CO2 footprint in all geographies

Multiple initiatives underway to reduce emissions

Net Zero

by 2045

0 Mn+

Lives reached through our
CSR activities