Domestic steel giant Tata Steel Thursday reported a sharp 84.37 per cent fall in consolidated net profit at Rs 2,295.25 crore during the fourth quarter ended March 31, 2019.
The company had clocked a net profit of Rs 14,688.02 crore in the corresponding quarter of the previous financial year, Tata Steel said in a BSE filing.
However, total consolidated income of the company rose to Rs 42,913.73 crore in January-March 2019, from Rs 33,983.74 crore in the same quarter in the preceding fiscal.
Total expenses