Tata Steel Q3 consolidated net up 34%BS Reporter / Kolkata March 12, 2008Tata Steel has posted a 34.21% increase in consolidated net profit at Rs 1,416 crore for the third quarter ended December 31, 2007 after the acquisition of Corus early last year.The Tata Steel scrip today declined over 6% to Rs 766 on the BSE today as results were below market expectations. Trade analysts, however, expect better performance in the coming quarters led by price increases.Excluding turnover of Tata Steel UK of Rs 23,867 crore for the quarter, turnover registered an increase of Rs 2,157 crore. The increase was mainly due to increases in Tata Steel
