Annual Report 2015-2016 of Tata Steel

It is a broadly described annual report of Tata Steel in the year of 2015-2016. During the financial year, The Company’s (Group) recorded a turnover of Rs. 1,17,152 Crore. This is lower by 16% compared to Financial Year 2014-15 (Rs. 1,39,504 Crore). The EBITDA for the Group in Financial Year 2015-16 was Rs. 11,301 Crore as compared to Rs. 12,745 Crore for Financial Year 2014-15. The Group reported a consolidated loss after tax (after minority interest and share of profit of associates) of Rs. 3,049 Crore as against a loss of Rs. 3,926 Crore in Financial Year 2014-15. During the year, the company recorded an exceptional charge of Rs. 3,975 Crore as against Rs. 3,929 Crore in Financial Year 2014-15.

The Board of Director’s of the company has recommended a dividend of Rs. 8/- per Ordinary Share on 97,12,15,439 Ordinary Shares of Rs. 10/- each for the year ended 31^st March 2016. (Financial Year 2014-15: Rs.8/- per Ordinary Share on 97,12,15,439 Ordinary Shares of Rs.10/- each).

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