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Tata Steel sales increase 10% at 2.33 million tonnes in Q2FY16

10 Oct 2015 Evaluate

Tata Steel has reported 9.52% rise in sales to 2.3 million tonne (mt) in the second quarter ended September 30, 2015 as compared to 2.1 mt sold in previous corresponding period. For the half year ended September 30, 2015, the company has sold 4.4 mt of saleable steel, which is 4.76% higher compared to 4.2 mt sold in H1 last year.

The company has produced 2.4 mt of saleable steel in Q2 FY16, a 9.09% rise over 2.2 mt in a statement Q2 FY15. For the half yearly period April- September 2015, the company has produced 4.6 mt of saleable steel, which is 4.55% higher compared to 4.4 mt produced in the same period last year.

Tata Steel, the flagship company of the Tata group is the first integrated steel plant in Asia and is now the world’s second most geographically diversified steel producer and a Fortune 500 Company.

Tata Steel Share Price

212.85 0.80 (0.38%)
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