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Uploaded 1 week ago

Duration: 0h 4m 54s

Chandra says Tata Steel's UK ops will turn Ebitda-positive this year

Name: Chandra says Tata Steel's UK ops will turn Ebitda-positive this year
Uploaded: Thu, 03 Jul 2025 13:32:38 +0530
Channel: Rediff Video Desk

Tata Steel's UK operations, which have largely been a struggle since the acquisition, are expected to turn earnings before interest, tax, depreciation, and amortisation (Ebitda)-positive this financial year (2025-26/FY26) and possibly profitable by the next. Responding to shareholder queries at Tata Steel's annual general meeting, Tata group chairman N Chandrasekaran said, "We expect the UK to perform much better this year compared to last year - it will definitely be Ebitda-positive."

Uploaded by: Rediff Video Desk on Thu, 03 Jul 2025 13:32:38 +0530

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