
Tata Steel's ROCE FY 2016-2024
At the end of fiscal year 2024, the consolidated return on capital employed by Tata Steel Limited was about seven percent. This was a decline from nearly ** percent in the previous year. With an annual production capacity of around ** million metric tons, it was the second-largest steel producing company in India after SAIL, as of financial year 2022. The company's largest plant is located in Jharkhand.