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Tata Steel reports around 4 fold jump in Q2 consolidated net profit

14 Nov 2018 Evaluate

Tata Steel has reported results for second quarter ended September 30, 2018.

The company has reported around 3 fold jump in its net profit of Rs 3,267.86 crore for the quarter under review as compared to Rs 1,294.08 crore for the same quarter in the previous year. Total income of the company increased by 29.07% at Rs 18,677.14 crore for Q2FY19 as compared Rs 14,470.41 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported around 4 fold jump in its net profit of Rs 3,604.21 crore for the quarter under review as compared to Rs 975.87 crore for the same quarter in the previous year. Total income of the company increased by 34.35% at Rs 43,898.53 crore for Q2FY19 as compared Rs 32,675.55 crore for the corresponding quarter previous year.

Tata Steel Share Price

211.35 -0.70 (-0.33%)
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