India, Feb. 15 -- Tata Steel Ltd may be on the verge of finally reaching a turning point after only a couple of years of ups and downs because of the fluctuating steel market, losses in the European market, and pressure on the balance sheet. Although FY24 is going to be a very rough year, a positive result in FY25 and good prospects in FY26 suggest that 2026 will be one of the most robust years in this cycle. To explain that, we should understand how a worrisome trend started for Tata Steel and how it is trying hard to recover from it.

Loss to Recovery Tata Steel Ltd FY24 proved difficult since the company realised a consolidated net loss of approximately Rs 4,910 crore, but in FY23, the company recorded a profit of Rs 8,075 crore. This ...