 "Steel")
After a gap of five quarters, Tata Steel reported a consolidated net profit for the December 2016 quarter at Rs 232 crore against loss of Rs 2,748 crore in the same period last year. Bloomberg consensus estimate had pegged the figure at Rs 130.7 crore for the December quarter.
Strong performance in Indian operations, both in terms of revenue and profit, was the key highlight in the quarter.
The company’s net sales (excluding excise duty) in the period under review stood at Rs 27,844 crore, up 13.4 per cent year-on-year led by 39.6 per cent rise in domestic
Strong performance in Indian operations, both in terms of revenue and profit, was the key highlight in the quarter.
The company’s net sales (excluding excise duty) in the period under review stood at Rs 27,844 crore, up 13.4 per cent year-on-year led by 39.6 per cent rise in domestic
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