What is the most profitable company in TATA Group?

BY A STAFF REPORTER 

Common perception is TCS. It is true that it was TCS for many years in past. But, FY22 is showing us that it is no more TCS but it is TATA STEEL

TATA STEEL has made profit in FY22 Rs. 41749 crores whereas TCS has made Rs. 38327 crores.

It is just amazing that TATA STEEL, which was in loss just 5 years back, now has back with a bang!

It is also amazing that a manufacturing company is beating a service company in terms of profitability!

It is undeniable that Steel is a cyclical industry and Service, especially IT enabled Service has a secular and stable growth, but this stunning growth of TATA STEEL is a strong indication of revival of manufacturing sector.

This mammoth growth of Steel Maker shows also the magnitude of infrastructure expansion activities in country.

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