44.2 C
Saturday, June 12, 2021

use promo code WHILENEWS


Tata Steel swings into black; posts Rs 7,162 crore net profit in March quarter – Times of India

Must read

NEW DELHI: Tata Steel on Wednesday posted a consolidated net profit of Rs 7,161.91 crore for the quarter ended March 2021, mainly on account of higher income. The company had reported a net loss of Rs 1,615.35 crore in the year ago quarter, Tata Steel said in a BSE filing.
During January-March 2021, the company’s total income jumped to Rs 50,249.59 crore from Rs 37,322.68 crore earlier.
Total expenses rose to Rs 40,052 crore from Rs 35,432.42 crore in the January-March period of 2019-20.
Shares of the company on Wednesday ended at Rs 1,068.95 apiece, up 0.46 per cent on BSE.


Source link

More articles


Please enter your comment!
Please enter your name here

Latest article

%d bloggers like this: