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EquityWireTata Steel posts profit in Jul-Sept vs loss year ago

Tata Steel posts profit in Jul-Sept vs loss year ago

This story was originally published at 18:21 IST on 6 November 2024
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Informist, Wednesday, Nov. 6, 2024

MUMBAI - Tata Steel Ltd. reported a consolidated net profit of INR 8.33 billion for the quarter ended September, against a loss of INR 61.96 billion in the year ago quarter. The net profit surpassed analysts' expectations of INR 1.39 billion.

* Tata Steel Jul-Sept consol net profit INR 8.33 bln vs INR 61.96 bln loss
* Analysts saw Tata Steel Jul-Sept consol net profit INR 1.39 bln
* Tata Steel Jul-Sept consol revenue INR 539.05 bln vs INR 556.82 bln yr ago
* Tata Steel Apr-Sept consol net profit INR 17.93 bln vs INR 55.62 bln loss
* Tata Steel Apr-Sept consol revenue INR 1.087 tln vs INR 1.152 tln year ago
 

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