Tata Steel Ltd 144A (TATLY) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Ladies and gentlemen, good day and welcome to the Tata Steel analyst call. Please note that this meeting is being recorded. All the attendees' audio and video has been disabled from the backend and will be enabled subsequently. I would now like to hand the conference over to Ms. Samita Shah. Thank you and over to you, ma'am. Thank you, Kinshuk. Good afternoon, good morning and good evening to all our viewers joining us from different parts of the world. On behalf of Tata Steel, I'm delighted to welcome you to this call to discuss our results for the fourth quarter and the full year financial year of FY25. We declared our results yesterday and there's a detailed presentation along with the SEBI release, detailed presentation on our website which discusses the results. During this call, we will walk you through some of the details and also take on any questions you may have. Before I move on, I just want to remind all of you that the entire discussion today will be covered by the Safe Harbor Clause, which is on page two of the presentation. This call today is led by our CEO and Managing Director, Mr. T.V. Narendran, and our ED and CFO, Mr. Kaushik Chatterjee. Thank you very much again for joining us today. And I will now request Naren to make a few opening comments before we throw the floor open for questions. Thanks and over to you, Naren. Thanks. Thanks, Amita. And hello, everyone. I'll make a few comments and then pass on to Kaushik. FI25 has been an important year for Tata Steel and it demonstrates ability to navigate challenging operating environment and progress on our stated objectives across geographies. For most of the year, the steel fundamentals diverged across regions with increasing exports from China, which weighed on the price sentiment. And since Januar...