Group Performance Highlights:
1. TATA Steel Group recorded Profit after tax (after minority interest and share of profit of associates) of INR 4,956 crores (USD934 million) during the first nine months of the financial year 2011-12 (9M FY’12) compared to a profit of INR 4,807 crores (USD906 million) in the first nine months of the financial year 2010-11 (9M FY’11). The Group registered a net loss of INR 603 crores (USD 114 million) in Q3 FY’12 compared to a net profit of INR 1,003 crores (USD 189 million) in Q3 FY’11.

2. Group EBITDA in 9M FY’12 was INR 13,242 crores (USD 2.5 billion) compared to INR 12,399 crores (USD 2.34 billion) in 9M FY’11. EBITDA in Q3 FY’12 came in at INR 1,940 crores (USD 366 million) compared to INR 3,374 crores (USD 636 million) recorded in Q3 FY’11.