Business Standard

Friday, December 20, 2024 | 04:36 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Tata Steel Q4 net jumps 37% to Rs 9,835 cr on account of higher income

Tata Steel on Tuesday posted a 37 per cent jump in consolidated net profit at Rs 9,835.12 crore for the quarter ended March 2022, mainly on account of higher income.

Tata Steel

Press Trust of India New Delhi

Tata Steel on Tuesday posted a 37 per cent jump in consolidated net profit at Rs 9,835.12 crore for the quarter ended March 2022, mainly on account of higher income.

The steel major had reported a net profit of Rs 7,161.91 crore in the year-ago quarter, it said in a BSE filing.

During January-March 2022, Tata Steel's total income jumped to Rs 69,615.70 crore from Rs 50,300.55 crore earlier.

Total expenses rose to Rs 57,635.79 crore from Rs 40,102.97 crore in the January-March period of 2020-21.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: May 03 2022 | 7:56 PM IST

Explore News