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Bangkok – April 30, 2025 – Tata Steel Thailand declared its quarterly results for the quarter ended March 31, 2025, on April 18, 2025. The Company reported a profit of 189 Mn THB for the January – March 2025 quarter against a profit of 295 Mn THB for the October – December 2024 quarter and a profit of 200 Mn THB in the January– March 2024.
Mr Tarun Daga, President and CEO, Tata Steel (Thailand) Public Company Limited stated that “Sales volume in the quarter under review, was at 328,000 Tons compared to 277,000 tons in the previous quarter from better domestic demand, reflecting improved market sentiments. The sales volume in the quarter under review, is also higher compared to the same quarter in the previous year.”
“Revenue from sales and related services in the current quarter under review was at 6,537 Mn THB, higher than previous quarter reflecting higher sales volume. As compared to the same quarter in the previous year it was lower by 5% mainly from lower selling price.”
“On Year-to-date basis, the sales volume at 1,195,000 Tons was higher than FY24 by 7%. Revenue from sales during FY25 at 24,981 Mn THB was higher than previous year mainly from higher sales volume.”
It may be noted that the profit of 295 Mn THB in the previous quarter (Q3 FY25) included a gain of 260 Mn THB from the disposal of an unused land plot. The profit of 200 Mn THB in the same quarter last year (Q4 FY24) included a gain of 220 Mn THB from the sales of idle assets held-for-sale.
For the 12-month period, the Company reported a profit of 417 Mn THB against a profit of 93 Mn THB for the previous year.
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