Tata Steel BSL has reported results for fourth quarter and year ended March 31, 2021.
The company has reported net profit at Rs 1897.03 crore for the quarter under review against net loss of Rs 2.36 crore for the same quarter in the previous year. Total income of the company increased by 71.17% at Rs 7355.07 crore for Q4FY21 as compared Rs 4296.87 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported many fold jumps in its net profit attributable to owners at Rs 1913.35 crore for the quarter under review as compared to Rs 5.93 crore for the same quarter in the previous year. Total income of the company increased by 71.34% at Rs 7348.66 crore for Q4FY21 as compared Rs 4288.87 crore for the corresponding quarter previous year.
For the year ended March 31, 2021, the company has reported net profit at Rs 2465.98 crore against net loss of Rs 649.17 crore for the previous year. Total income of the company increased by 17.65% at Rs 21536.05 crore for year under review as compared to Rs 18305.65 crore for year ended March 31, 2020.
For the year ended March 31, 2021, on the consolidated basis, the company has reported 4-fold jump in its net profit attributable to owners at Rs 2518.16 crore against net loss of Rs 628.49 crore for the previous year. Total income of the company increased by 17.74% at Rs 21510.30 crore for year under review as compared to Rs 18269.64 crore for year ended March 31, 2020.
