TATA

Consolidated Statement of Profit and Loss for the quarter/twelve months ended on 31st March 2023
Crore
Financial year Financial year
Quarter ended Quarter ended Quarter ended
Particular ended on ended on
on 31.03.2023 on 31.12.2022 on 31.03.2022
31.03.2023 31.03.2022

Unaudited Unaudited Unaudited Audited Audited

Revenue from operations

a) Gross sales income from operations 62.238.7$ $6.756.61 6$.710.60 2.41.636.25 2.42.326.87

b) Other operating revenues 722.76 326.9 612.90 1.716.44 1.632.30

Total revenue from operations [ IM) - 1(b)] 62.961.54 $7.083.56 69.323.50 2.43.352.69 2.43,959.17

2 Other income 169.54 270.60 292.20 1.037.48 784.89

3 Total income Il + 2 I 63.131.08 57.354.16 69.615.70 2.44,390.17 2.44.744.06

4 Expenses
a) Cost of materials consumed 22.679.34 24.695.38 21,420.96 1.01.483.08 75.763.70
b) Purchases of stock-in-trade 3.308.75 3.535.93 3,451.81 15.114.11 15.312.91
Changes in inventories of finished and semi-finished goods. stock-in-trade
e) 2.667.98 1.791.28 2.757.43 (3.358.89) (7.597.87)
and work-in-progress
d) Employee benefits expense $.795.27 $.342.40 6.056.24 22.419.32 23.264.10
e) Finance costs 1.793.60 1.767.92 1.098.51 6.29$.70 $.462.20
f) Depreciation and amortisation expense 2.382.21 2.368.38 2.243.39 9.335.20 9.100.87
e) Other expenses 21.291.00 17.670.73 20.607.45 75.394.91 73.726.38
Total expenses [ 4(a) to 4(g) ] 59.918.15 57.172.02 57.635.79 2,26.686.43 1.95.032.29
Profit (Loss) before share of profit (loss) of joint ventures & associates.
$ 3.212.93 182.14 11.979.91 17.703.7.4 49.711.77
exceptional items & tax [ 3- 4]
6 Share of profit (loss) of joint ventures & associates 96.25 60.49 159.35 418.12 649.16
7 Profit / (Loss) before exceptional items & tax [ 5 + 6] 3.309.18 242.63 12.139.26 18.121.86 50.360.93
s Exceptional items:
a) Profit (loss) on sale of subsidiaries and non-current investments (20.19) 71.49 4.69 66.86 724.$4
b) Profit on sale of non current assets 30.83 30.83
e) Provision for impairment of investments doubtful advances (net) 96.07 (94.71) 83.68 (99.74)
d) Provision for impairment of non-current assets (net) 25.37 (11.$7) 25.37 (252.68)
e) Employee separation compensation 4.58 7.22 (31.09) (91.94) (330.81)
f) Restructuring and other provisions (0.05) (1.65) (21.88) (1.70) (256.24
Gain (loss») on non-rent investments classified as fair value through
g) 1.88 1.65 49.74 30.99 49.74
profit and loss (net)
Total exceptional items [ 8(a) to 8(g) ] 11.59 160.34 (274.29) 113.26 (134.06)
9 Profit / (Loss) before tax [7 +8] 3.320.77 402.97 11.864.97 18.235.12 50.226.87
10 Tax Expense
a) Curent tax 1.156.51 754.9$ 3.005.95 $.361.33 7.049.8S
b) Deferred tax 598.0.2 2.149.97 (976.10) 4.798.44 1.427.67
Total tax expense [ 10(a) - 10(b) ] 1.754.53 2.904.92 2.029.85 10.159.77 8.477.5°
11 'Net Profit / (Loss) for the period [9-10] 1.566.24 (2.501.95 9.835.12 8.075.35 41,749.32
1.2 Profit (Loss) for the period attributable to:
Owners of the Company 1.704.86 0.223.84) 9.756.20 8.760.40 40.153.93
Non controlling interests (138.62) (278.11) 78.92 (685.09) 1.595.39
13 Other comprehensive income
A G) Items that will not be reclassified to profit or loss (80s.77) (7.125.23) (1.425.76) (13.$29.69 1.170.9°

(ii) Income tax relating to items that will not be reclassified to profit or loss 186.35 1.785.92 368.01 3.3$3.$6 «203.02

B (i) Items that will be reclassified to profit or loss 320.49 1.208.39 1.904.14 (4.175.40) $31.30
G) Income tax on items that will be reclassified to profit or loss 103.67 $01.99 (327.77) $02.42 (193.81)
Total other comprehensive income (195.26) (3.628.93) 518.62 (13.849.07) 1.305.42
14 Total Comprehensive Income for the period [ 11 + 13 ] 1.370.98 (6.130.88) 10.353.74 ($.773.72) 43.054.74
1$ Total comprehensive income for the period attributable to:
Owners of the Company 1.514.38 ($.917.79 10.257.72 ($.107.74) 41.468.40
Non controlling interests (143.40) (13.13) 96.02 (665.98) 1.586.34
16 Paid-up equity share capital [Face vale ? I per share] 1.221.24 1.221.21 1.221.21 1.221.24 1.221.21
17 Reserves (excluding revaluation reserves) and Non controlling interest 1.03.953.97 1.15.$77.25
IS Earnings per equity share:
Basic earnings per share (not annualised) - in Rupees
1.40 (1.82) 7.99 7.17 33.24
(after exceptional items)
Diluted earnings per share (not annualised) - in Rupees
1.40 .82) 7.99 7.17 33.21
(after exceptional items)

TATA STEEL LIMITED

ice Bombay House 24 Homi Mody Street Fort Mumbai 400 001 India
22 6665 8282 Fax 91 22 6665 7724 Website www.tatasteel.com
Corporate Identity Number L27100MH1907PLC000260
 TATA
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31.03.2023 31.035.2022

A ASSETS
(i} e«tint asst
(a) Property plant and equipment I,8,696 74 I16,166 46
tb) Capital work in prosre 30,307.90
e) Right of use #sets 9222s2 8.33770
(d Goodwill 601 6 4.311 20
() Other intangible arets 13 100$$ 447247

(f intagble assets under development 90 12 81793

(g) Advaee agant equity 1 21000

th) Equity aecounted investments 3.23333 961 6$
ti financial assets
ti) Investments 1 $46 92 1 6$37%

(ii Loan 64 g

(iii Derivatne assets 403 40 3181

(iv) Other financial acts 1088 4464
( Retirement benefit aet 6 990 83 0397 96
(le ow-current ta assets .46903 3 78$01
(D Deferred tax ats 62$96 3 0239
(n) Other at 3,663 3 6900
tb 4ot#lo 4«t et 2,01,3556.20 1,92,888.99

t2) current at
(a Inventories 4 41$ 33 48 824 39
() Financial assets
(i investments 3,630 06
(ii) Ade receivables 8.2$724
(iii) Cash and cash equivalents 12129 90 1$60-4 68
(iv) other balaces with balk 2756 22w4 2
(v) Loans 84 84
(vi Derivatnv asst 61 46 7274
(vii) Other fianeial asst« ,43$.$1 2011 6.2
(e) Retirement benefit sets 1 25
td Current tax asset 1l769 61 63
() Other at 48297$ 3 $08 8.2
sub-total.4rent assets 86,606.14 92.26.07
( Assets held for sale $9.40 300 $4
TOTAL ASSETS 2.88,021.74 ,8$,445.60

EQUITY AND LUABMIL.TIE.»

() Equity
( Equity share eapital
tb) Other equtv 101.860.86 1.13 22183
Equity attributable to shareholder of the «onpan 1,03,082.10 I,44,443.0-4
Non controlling interest 2.093 11 26$$422
ub tot Total£quit 1,0.17.21 1.17,098.46
(2) Nos«rt liabilities
(a) Financial liabilities
ti) Borrowing $1.446 33 44.76407
(ii Lease Liabilities» $.811 08 ,696 46
(iii) Derivative liabilities 103$
(iv) Other financial liabilities» 187I $1 9$9s7
tt Provisions 4,77$.84 4,82$.98
te) Retirement benefit obligations 2931.37 341371
td Deferred income 13236 13716
te) Deferred ta liabilities 1411$64 1232 78
tf) Other liabilities 446727 $ $96 06
b total e 4A11«t liabilities 8,81.40 77,7$9.14

ti) Borrowings 26.$71 37 24,064 61

(ii) Lea Liabilities 1064 7 1,036 21
(iii) Trade payables
() Total outstanding dues of micro and small enterprises 1,170.33 897.50
tb) Total outstanding dues of creditor other than reno and small enterprises 36.662.21 3$.867.37
(iv) Derivtie liabilities 630 $3 196 9
(v) Other financial tibtitie 9$90 21 8381 41
tb) Provisions 3882.73 ,768 49
(e) Retirement benefit obligations 162.4° 1$8 22
td Deferred income 9193 30 4
te) current ta liabilities 1.92398 1.382 70
(f Other liabilities 14.$4$ 10 1$ $13+0.2
«total Cu1et liabilities 97,298.13 90,396.89
() Liabilities held for sale 19i
TOTAL -EQUITY AND LIABILITIES 2.88,021.7.4

TATA STEEL LIMITED

Registered Office Bombay House 24 Homi Mody Street Fort Mumbai 400 001 India
Tel 91 22 6665 8282 Fax 91 22 6665 7724 Website www.tatasteel.com
Corporate Identity Number L27100MH1907PLC000260