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Market Cap: $24.63b
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Performance for FY 2013-14

4 Apr 2014 14:40

RNS Number : 1192E
Tata Steel Limited
04 April 2014
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ο»Ώ

4th April 2014

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Dear Sirs,

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Sub: Performance for FY 2013-14

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We give below the Performance highlights of the Company for FY 2013-14,

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β€’ The Hot Metal production was 9.90 Million Tonnes (showing an increase of 11.74% on year-on-year basis) and Crude Steel production was 9.15 Million Tonnes (showing an increase of 12.55% on year-on-year basis) in FY 13-14.

β€’ Saleable Steel production was higher by 12.72% year-on-year at 8.95 Million Tonnes.

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The key production figures are given below:

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FY 13 (in MnTPA)

FY 14 (in MnTPA)

% Increase

Hot Metal

8.86

9.90

11.74%

Crude Steel

8.13

9.15

12.55%

Saleable Steel

7.94

8.95

12.72%

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β€’ West Bokaro: Highest ever clean coal production of 25.7 Lakh Tonnes @15.55% ash against previous best of 23.37 Lakh Tonnes @ 14.37 % ash in FY 13

β€’ Jharia: Highest ever Clean Coal Production of 10.80 Lakh Tonnes in last 5 years

β€’ OMQ: Highest ever iron ore production & dispatch of 17.3 Million Tonnes against previous best of 15 Million Tonnes in FY 13 (an increase of ~15%)

β€’ Blast Furnaces: Best ever Hot Metal production of 9.90 Million Tonnes against 8.86 Million Tonnes in FY 13

β€’ Coke Making: Best ever coke production by HMC of 15.998 Lakh Tonnes against previous best of 15.997 Lakh Tonnes in FY 13

β€’ Agglomerate (Sinter Plant): Best ever Solid Waste Consumption at 131Kg/t against previous best of 107 kg/t

β€’ LD#1: Best Ever monthly billet production of 3.04 Lakh Tonnes in Mar 14 against previous best of 2.93 Lakh Tonnes in Mar 13

β€’ LD#3 & TSCR: Best ever production of HR Coil at 2.18 Million Tonnes against previous best of 0.99 Million Tonnes in FY 13

β€’ Environment: Stack emission improved to 936 kg/hr from 1142 kg/hr in FY 13

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Awards & Recognitions

β€’ Prime Minister's Trophy for the Best Integrated Steel Plant for the year 2010-11, and Certificate of Excellence for 2011-12

β€’ CII - ITC Sustainability Prize for 2013

β€’ Prime Minister's Shram Awards - awarded to 11 employees of Tata Steel

β€’ Conferred with the prestigious 2013 Global MAKE Award for Knowledge Management

β€’ Tata Tiscon selected as the only brand from the Indian Steel Industry as 'Asia's Most Promising Brand 2012-13' in a survey conducted by KPMG

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Community Initiatives

Improving the quality of life of communities living in and around our operational areas has been fundamental to the business principles as envisioned by our Founder. It has been part of our work ethos for over a hundred years and will continue to remain so. In FY 14, this commitment was further strengthened with the following initiatives:

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β€’ Formation of CSR Advisory Council to provide macro policy-level inputs to guide the Company's approach towards CSR

β€’ Seven Skill development centres set up in partnership with renowned training institutes, 1700 people trained

β€’ ~ 3.50 lakh people provided with primary health care services in operational areas

β€’ More than 16,000 adults made functionally literate

β€’ Livelihood opportunities provided to ~ 3000 farmers through agriculture development

β€’ ~ 1900 solar street lights installed in villages of Jharkhand and Odisha

β€’ More than 10,000 youth taught tribal scripts of Ho, Santhali and Oraon languages

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The above is for your information.

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This information is provided by RNS
The company news service from the London Stock Exchange
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END
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