Tata Steel Limited Regulatory News (TTST)

Consolidated results

Standalone results

Quarterended on 31-12-2010

Quarterended on 31-12-2009

Nine months ended on 31-12-2010

Nine months ended on 31-12-2009

Financial Year ended on31-03-2010

Particulars

Quarterended on 31-12-2010

Quarterended on 31-12-2009

Nine months ended on 31-12-2010

Nine months ended on 31-12-2009

Financial Year ended on31-03-2010

Unaudited

Unaudited

Unaudited

Unaudited

Audited

Audited

Audited

Audited

Audited

Audited

28,606.15

26,068.55

83,707.12

74,532.37

101,757.77

1

a)

Net Sales / Income from Operations

7,324.69

6,307.48

20,834.09

17,491.35

24,716.82

483.30

133.46

1,222.21

356.99

635.35

b)

Other Operating Income

72.66

67.40

221.49

191.19

305.16

29,089.45

26,202.01

84,929.33

74,889.36

102,393.12

2

Total Operating Income [ 1(a) + 1(b) ]

7,397.35

6,374.88

21,055.58

17,682.54

25,021.98

3

Total Expenditure

(150.18)

(808.68)

(1,868.87)

186.37

660.04

a)

(Increase) / decrease in stock-in-trade

38.97

42.33

(256.75)

50.38

134.97

3,769.01

3,258.88

11,038.83

10,460.12

13,087.04

b)

Purchases of finished, semi-finished steel & other products

53.06

59.50

127.59

120.05

169.08

10,269.83

8,032.60

27,484.34

23,580.87

31,004.49

c)

Raw materials consumed

1,666.58

1,422.31

4,416.31

4,381.00

5,494.74

3,608.72

4,199.86

11,213.32

12,523.21

16,462.99

d)

Staff Cost

598.46

652.25

1,860.34

1,680.57

2,361.48

1,031.36

1,084.46

2,999.39

3,062.28

4,051.73

e)

Purchase of Power

345.38

303.19

1,061.71

929.42

1,268.28

1,593.49

1,445.06

4,647.11

4,062.95

5,549.13

f)

Freight and handling

396.84

358.14

1,109.35

981.19

1,357.27

1,126.41

1,154.68

3,248.45

3,397.18

4,491.73

g)

Depreciation

286.37

262.18

848.03

771.72

1,083.18

5,542.61

6,039.26

17,885.68

17,721.05

23,535.04

h)

Other Expenditure

1,477.54

1,380.26

4,371.04

3,718.58

5,284.07

26,791.25

24,406.12

76,648.25

74,994.03

98,842.19

i)

Total Expenditure (3a to 3h)

4,863.20

4,480.16

13,537.62

12,632.91

17,153.07

2,298.20

1,795.89

8,281.08

(104.67)

3,550.93

4

Profit / (Loss) from Operations before Other Income, Net Finance Charges, Exceptional Items & Tax [2 - 3]

2,534.15

1,894.72

7,517.96

5,049.63

7,868.91

(104.33)

409.92

769.40

631.76

1,185.85

5

Other Income

11.31

263.56

792.41

385.95

853.79

2,193.87

2,205.81

9,050.48

527.09

4,736.78

6

Profit / (Loss) from Operations before Net Finance Charges, Exceptional Items & Tax [4 + 5]

2,545.46

2,158.28

8,310.37

5,435.58

8,722.70

743.23

763.04

2,004.53

2,362.11

3,022.06

7

Net Finance Charges

335.44

415.72

1,005.60

1,149.88

1,508.40

1,450.64

1,442.77

7,045.95

(1,835.02)

1,714.72

8

Profit / (Loss) before Exceptional Items & Tax [6 - 7]

2,210.02

1,742.56

7,304.77

4,285.70

7,214.30

9

Exceptional Items :

122.30

(195.72)

30.84

(1,325.80)

(1,683.72)

Restructuring costs

-

-

-

-

-

1,572.94

1,247.05

7,076.79

(3,160.82)

31.00

10

Profit / (Loss) before Tax [ 8 + 9 ]

2,210.02

1,742.56

7,304.77

4,285.70

7,214.30

624.04

814.78

2,369.47

1,365.24

2,151.84

11

Tax Expense

696.56

550.81

2,146.79

1,401.18

2,167.50

948.90

432.27

4,707.32

(4,526.06)

(2,120.84)

12

Net Profit (+) / Loss (-) [10 - 11]

1,513.46

1,191.75

5,157.98

2,884.52

5,046.80

38.02

(14.76)

41.79

(10.96)

(15.24)

13

Minority Interest

16.10

55.14

57.98

93.74

126.86

14

Share of profit of associates

1,003.02

472.65

4,807.09

(4,443.28)

(2,009.22)

15

Profit / (Loss) after Taxes, Minority Interest and Share of profitof Associates [ 12 + 13 + 14 ]

901.74

886.74

901.74

886.74

886.74

16

Paid-up Equity Share Capital[Face value `10 per share]

902.41

887.41

902.41

887.41

887.41

21,927.15

17

Reserves excluding revaluation reserves

36,074.39

11.13

5.33

53.69

(55.61)

(24.92)

18

Basic Earnings per share (not annualised) - in Rupees(after Exceptional items)

16.77

13.43

57.56

34.98

60.26

10.29

5.31

50.62

(55.61)

(24.92)

19

Diluted Earnings per share (not annualised) - in Rupees(after Exceptional items)

15.57

13.24

54.24

33.39

57.31

20

Aggregate of public shareholding

Number of shares

597,815,338

604,715,374

597,815,338

604,715,374

605,162,261

% of shareholding

67.07%

68.56%

67.07%

68.56%

68.53%

21

Promoters and promoter group shareholding

a)

Pledged / encumbered

- Number of shares

-

97,400,000

-

97,400,000

97,400,000

- % of shares to total share holding of promoter & promoter group

-

35.13%

-

35.13%

35.06%

- % of shares to total share capital of the company

-

10.98%

-

10.98%

10.98%

b)

Non-encumbered

- Number of shares

293,485,240

179,848,857

293,485,240

179,848,857

180,433,893

- % of shares to total share holding of promoter & promoter group

100.00%

64.87%

100.00%

64.87%

64.94%

- % of shares to total share capital of the company

32.53%

20.27%

32.53%

20.27%

20.34%

Segment Revenue, Results and Capital Employed

`Crores

Consolidated results

Standalone results

Quarterended on 31-12-2010

Quarterended on 31-12-2009

Nine months ended on 31-12-2010

Nine months ended on 31-12-2009

Financial Year ended on31-03-2010

Particulars

Quarterended on 31-12-2010

Quarterended on 31-12-2009

Nine months ended on 31-12-2010

Nine months ended on 31-12-2009

Financial Year ended on31-03-2010

Unaudited

Unaudited

Unaudited

Unaudited

Audited

Audited

Audited

Audited

Audited

Audited

Revenue by Business Segment:

27,578.36

25,149.14

81,067.43

70,922.47

97,388.95

Steel business

6,773.07

5,832.53

19,267.82

16,232.04

22,962.55

Ferro Alloys and Minerals

608.70

523.84

1,748.49

1,315.07

1,854.67

3,235.69

2,601.98

9,113.17

8,001.43

10,877.13

Others

441.75

410.00

1,329.74

1,127.49

1,573.29

399.30

423.15

1,089.24

1,086.63

1,429.07

Unallocated

-

-

-

-

-

31,213.35

28,174.27

91,269.84

80,010.53

109,695.15

Total

7,823.52

6,766.37

22,346.05

18,674.60

26,390.51

2,123.90

1,972.26

6,340.51

5,121.17

7,302.03

Less: Inter segment revenue

426.17

391.49

1,290.47

992.06

1,368.53

29,089.45

26,202.01

84,929.33

74,889.36

102,393.12

Net sales/ income from operations

7,397.35

6,374.88

21,055.58

17,682.54

25,021.98

Segment results before net finance charges, exceptional items and tax:

2,165.05

2,265.52

8,586.62

651.44

4,082.36

Steel business

2,301.45

2,014.12

6,945.25

5,276.39

7,941.92

Ferro Alloys and Minerals

175.88

113.88

578.74

201.80

340.44

203.58

363.60

765.48

743.25

1,031.34

Others

17.15

16.29

58.81

76.97

113.69

(72.69)

(182.30)

(109.49)

(558.53)

(14.30)

Unallocated income / (expenditure)

50.98

13.99

727.57

(119.58)

326.65

102.07

241.01

192.13

309.07

362.62

Less: Inter Segment Eliminations

-

-

-

-

-

2,193.87

2,205.81

9,050.48

527.09

4,736.78

Total Segment results before net finance charges,exceptional items and tax

2,545.46

2,158.28

8,310.37

5,435.58

8,722.70

743.23

763.04

2,004.53

2,362.11

3,022.06

Less: Net Finance Charges

335.44

415.72

1,005.60

1,149.88

1,508.40

1,450.64

1,442.77

7,045.95

(1,835.02)

1,714.72

Profit / (Loss) before exceptional items & tax

2,210.02

1,742.56

7,304.77

4,285.70

7,214.30

Exceptional Items:

122.30

(195.72)

30.84

(1,325.80)

(1,683.72)

Restructuring costs

-

-

-

-

-

1,572.94

1,247.05

7,076.79

(3,160.82)

31.00

Profit / (Loss) before tax

2,210.02

1,742.56

7,304.77

4,285.70

7,214.30

624.04

814.78

2,369.47

1,365.24

2,151.84

Less: Tax Expense

696.56

550.81

2,146.79

1,401.18

2,167.50

948.90

432.27

4,707.32

(4,526.06)

(2,120.84)

Net Profit (+) / Loss (-)

1,513.46

1,191.75

5,157.98

2,884.52

5,046.80

Segment Capital Employed:

56,093.21

51,509.64

56,093.21

51,509.64

48,174.30

Steel business

15,250.22

12,125.32

15,250.22

12,125.32

13,099.51

Ferro Alloys and Minerals

356.38

294.71

356.38

294.71

188.09

5,175.68

4,005.48

5,175.68

4,005.48

4,141.75

Others

232.78

248.04

232.78

248.04

223.79

11,270.79

9,665.79

11,270.79

9,665.79

7,717.58

Unallocated

5,399.27

3,802.05

5,399.27

3,802.05

3,870.32

(72.92)

(76.81)

(72.92)

(76.81)

(43.95)

Inter Segment Eliminations

72,466.76

65,104.10

72,466.76

65,104.10

59,989.68

Total

21,238.65

16,470.12

21,238.65

16,470.12

17,381.71

Opening

Balance

Received during the quarter

Resolved during the quarter

Closing

Balance

47

345

386

6