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Tata Steel Long Products has reported results for fourth quarter and year ended March 31, 2021.

The company has reported a net profit of Rs 339.85 crore for the quarter under review against net loss of Rs 133.25 crore for the same quarter in the previous year. Total income of the company increased by 52.05% at Rs 1,562.21 crore for Q4FY21 as compared Rs 1,027.42 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported net profit of Rs 339.86 crore for the quarter under review against net loss of Rs 133.23 crore for the same quarter in the previous year. Total income of the company increased by 52.05% at Rs 1,562.22 crore for Q4FY21 as compared Rs 1,027.44 crore for the corresponding quarter previous year.

For the year ended March 31, 2021, the company has reported net profit of Rs 571.97 crore against net loss of Rs 516.28 crore for the previous year. Total income of the company increased by 35.19% at Rs 4,828.10 crore for year under review as compared to Rs 3,571.25 crore for year ended March 31, 2020.

For the year ended March 31, 2021, on the consolidated basis, the company has reported a net profit of Rs 572.04 crore against net loss of Rs 516.23 crore for the previous year. Total income of the company increased by 35.19% at Rs 4,828.15 crore for year under review as compared to Rs 3,571.31 crore for year ended March 31, 2020.

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