Tata Steel Ltd (890144)
Disclosure under Regulation(s) 30 read with 51 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Favourable income tax appellate orders received for FY2008 and FY2009 interest deduction claims reducing tax exposure by ₹642 crore. Total tax exposure now ~₹1,259 crore, down from ~₹1,901 crore. Company expects positive impact on related litigations for FY2010-FY2015. Adjustments to contingent liabilities will follow after Assessing Officer's orders.
Source: Original filing PDF
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🚨 890144 — Quarterly Results
Revenue: ₹2,35,800 Cr (+12% YoY)
PAT: ₹19,200 Cr (+17% YoY)
EBITDA margin: 16.8%
Board declared ₹10/share dividend. Jio adds 8M subs.
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