Tata Steel Q3 net profit jumps over 54%

NEW DELHI: Tata Steel on Friday reported a 54.33 according to cent bounce in consolidated internet profit to Rs 1,753.07 crore throughout the quarter ended on December 31, 2019, helped by means of upper source of revenue.


The company had posted a internet profit of Rs 1,135.92-crore for a similar quarter a year in the past, according to a regulatory filing.


Total source of revenue jumped to Rs 41,431.37 crore throughout October-December 2018, from Rs 33,672.48 crore within the year-ago quarter, the company stated.


Its general expenses throughout the stated quarter had been at Rs 38,362.03 crore as in opposition to Rs 30,552.03 crore within the corresponding length of the previous fiscal.


Shares of the company these days ended three.70 according to cent down at Rs 469.55 apiece on BSE.
Tata Steel Q3 net profit jumps over 54% Tata Steel Q3 net profit jumps over 54% Reviewed by Kailash on February 09, 2019 Rating: 5
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