Tata Steel has reported a 41.4 per cent decline in net profit during the last quarter of fiscal 2001-02, at Rs 122.47 crore, against Rs 209.01 crore during the same quarter of 2000-01. Net sales during the period was 8.1 per cent lower at Rs 2,160.93 crore (Rs 2,353.50 crore during 2000-01) despite a marginal increase in volume sales.
Net profit for the full year slipped 62.97 per cent at Rs 204.9 crore (Rs 553.44 crore) on net sales of Rs 7,607.48 crore (Rs 7,759.44 crore).
Tata Steel has not declared any dividend
