A day after Tata Steel doubled its consolidated net profit in Q4FY25, TV Narendran, managing director and chief executive officer, and Koushik Chatterjee, executive director and chief financial officer, discuss a range of issues with Ishita Ayan Dutt during a video interview. Edited excerpts:
Tata Steel’s net profit in Q4FY25 jumped 112.7 per cent year-on-year (Y-o-Y). What led to this performance?
Narendran: In Europe, the Netherlands moved from negative earnings before interest, taxes, depreciation and amortisation (Ebitda) to a positive Ebitda over the last few quarters. The UK has not improved much in terms of Ebitda, but will start improving.

)