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Tata Steel Long Products reports consolidated net loss of Rs 131 crore in Q1

03 Aug 2020 Evaluate

Tata Steel Long Products has reported results for first quarter ended June 30, 2020.

The company has reported net loss of Rs 131.32 crore for the quarter under review as against net loss of Rs 73.94 crore for the same quarter in the previous year. Total income of the company decreased 10.90% at Rs 664.46 crore for Q1FY21 as compared Rs 745.77 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported net loss of Rs 131.31 crore for the quarter under review as against net loss of Rs 73.93 crore for the same quarter in the previous year. Total income of the company decreased by 10.90% at Rs 664.47 crore for Q1FY21 as compared Rs 745.78 crore for the corresponding quarter previous year.

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