Tata Steel has reported results for third quarter ended December 31, 2020.
The company has reported 2- fold jump in its net profit at Rs 3614.94 crore for the quarter under review as compared to net profit at Rs 1803.83 crore for the same quarter in the previous year. Total income of the company increased by 18.24% at Rs 18106.40 crore for Q3FY21 as compared Rs 15313.49 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported net profit from continuing operations for period attributable to owners at Rs 3678.08 crore for the quarter under review as compared to net loss at Rs 1029.11 crore for the same quarter in the previous year. Total income of the company increased by 11.78% at Rs 39809.05 crore for Q3FY21 as compared Rs 35613.34 crore for the corresponding quarter previous year.
