Tata Steel reported a significant loss of ₹6,511.16 crore in the September quarter due to exceptional losses related to asset impairment and restructuring costs for its UK operations. The company is also investing in an electric arc furnace in the UK with government support. Tata Steel's consolidated revenue fell to ₹55,682 crore from ₹59,878 crore in the previous year. While the company performed well in India, it faced operating losses in Europe. The company is exploring decarbonization projects in the Netherlands with government support.
