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Tata Steel sales increase 10.3% at 2.35 million tonnes in Q3FY16

11 Jan 2016 Evaluate

Tata Steel has reported 10.3% rise in sales to 2.35 million tonne (mt) in the third quarter ended December 31, 2015 as compared to 2.13 mt sold in previous corresponding period. During April to December period of current fiscal, the company has sold 6.82 mt of saleable steel, which was 7.57% higher compared to 6.34 mt sold in the same period last year.

The company has produced 2.51 mt of saleable steel in Q3 FY16, a 13.1% rise over 2.22 mt in a statement Q3 FY15. During April to December period of current fiscal, the company has produced 7.15 mt of saleable steel, which was 7.04% higher compared to 6.68 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

212.05 1.35 (0.64%)
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