New Delhi, Oct 13 (PTI) Tata Steel Long Products Ltd (TSLP) on Friday said its consolidated net loss narrowed to Rs 460.23 crore during the September quarter.
It had clocked a net loss of Rs 661.80 crore in the year-ago period, the company said in a regulatory filing.
The company's total income rose to Rs 3,005.46 crore from Rs 1,921.01 crore in the year-ago period, it said.
Expenses also rose to Rs 3,442.03 crore as against Rs 2,696.25 crore last year, according to the filing.
TSLP, formerly known as Tata Sponge Iron Ltd, is in the business of manufacturing high alloy steel, primarily for the auto sector and wire rope industry.
With one million-tonne capacity, it is one of the largest speciality steel plants in India in the long product segment located in Jamshedpur, Jharkhand.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)













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