 "(L-R) T V Narendran, managing director and chief executive officer, Tata Steel; Koushik Chatterjee, executive director and chief financial officer, Tata Steel")
A day after Tata Steel’s net profit surged nearly fourfold, Managing Director and Chief Executive Officer T V Narendran and Executive Director and Chief Financial Officer Koushik Chatterjee discuss a range of issues with Ishita Ayan Dutt during a video interview. Edited excerpts:
Tata Steel’s profit jumped 272 per cent year-on-year. Steel prices have been weak in the domestic market. What’s the outlook for the third quarter (Q3)?
T V Narendran: Our guidance for prices in India is about ₹1,500 per tonne lower in Q3 compared to the second quarter (Q2). Pricing is driven by weak international markets — you
