Latest News | Tata Steel Q4 Net Jumps 37 Pc to Rs 9,835 Cr
Get latest articles and stories on Latest News at LatestLY. 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.
New Delhi, May 3 (PTI) 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.
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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.
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(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)