Tata Steel (Thailand) Public Company Limited recorded revenue from sales and related services of nearly five point seven eight billion baht in the quarter ended 31 December 2024, reflecting continued market activity and steady demand for steel products across domestic and regional markets.

The figure of approximately five point six eight billion baht in revenue marked a modest increase from the same period in the previous year, underscoring the company’s ability to sustain performance despite ongoing pressures from global raw material costs and competitive import flows.

Tata Steel Thailand’s consolidated interim financial statements for the quarter revealed that cost of sales and related services remained largely in line with revenues, while gross profit expanded compared with the prior year’s quarter.

The business also benefited from other income streams and sound cost control measures, contributing to a return to positive profit before income tax for the period, reversing a loss from the year-ago quarter.

Steel demand in Thailand and the wider region has been supported by construction and infrastructure spending, even as the local market faces headwinds from imported products and broader economic uncertainty.

Tata Steel Thailand’s performance indicates resilience in its operational execution, with revenue gains reflecting both stable pricing and product mix.

The company’s leadership emphasised their focus on strengthening supply chains, enhancing production efficiency and responding to customer needs with a diversified portfolio of long steel products and services.

Financial results for the nine-month period to 31 December 2024 also showed an expansion in total revenue compared with the previous year, signalling broader momentum in business operations.

With ongoing investments in product quality and service delivery, Tata Steel Thailand remains positioned to navigate market fluctuations and capitalise on growth opportunities in the steel sector.