塔塔钢铁欧洲

2023年5月4日

国内需求弹性;在欧洲存在阻力。04 2023年5月,是上午7点31 04 2023年5月,是上午7点31 WhatsApp广告BQ '特别深入研究部分整理质量和股票和经济从印度各地顶级券商研究报告,资产管理公司和研究机构。这些报告BQ '的用户提供一个机会来扩大他们的了解公司、部门和经济。BQ '特别深入研究部分整理质量和股票和经济从印度各地顶级券商研究报告,资产管理公司和研究机构。这些报告BQ '的用户提供一个机会来扩大他们的了解公司、部门和经济。Motilal Oswal报告塔塔钢铁有限公司报告的经营业绩得益于改进平均售价为印度业务,增加交易量,降低炼焦煤在Q4 FY23消费成本和更好的操作效率。塔塔钢铁的独立的收入同比下降7% / 13%不可小觑Rs 3430亿年,符合我们的估计3290亿卢比。独立的息税前利润下降34% / 58%不可小觑Rs 810亿(我们估计的Rs 710亿高出14%)。独立的ASP提高Rs 2453 /吨不可小觑Rs 68826 /吨和息税前利润/每吨提高Rs 5085 /吨不可小觑to16,326(我们估计的Rs 15335高出6%)。 Adjusted profit after tax was down 40% YoY/up 74% QoQ to Rs 47 billion (13% higher). The QoQ improvement was led by higher volumes, lower coking coal consumption cost, lower freight and handling charges, and lower depreciation that was partially offset by higher interest cost, increase in forex impact, higher royalty expense and higher tax. Tata Steel Europe’s revenue was higher than our estimates by 15% at Rs 220 billion (down 16% YoY/up 6% QoQ). However, Tata Steel Europe posted an operating loss of Rs 16 billion. The increase in loss was due to lower realisations, rise in iron ore cost and increase in employee cost at the Netherlands. Click on the attachment to read the full report: Motilal Oswal Tata Steel Q4FY23 Results REview.pdf View Document