Tata Steel Long Products has reported results for fourth quarter and year ended March 31, 2022.
The company has reported a fall of 82.46% in its net profit at Rs 59.62 crore for the quarter under review as compared to Rs 339.85 crore for the same quarter in the previous year. However, total income of the company increased by 16.74% at Rs 1,823.67 crore for Q4FY22 as compared Rs 1,562.21 crore for the corresponding quarter previous year.
For the year ended March 31, 2022, the company has reported a rise of 10.12% in its net profit at Rs 629.87 crore as compared to Rs 571.97 crore for the previous year. Total income of the company increased by 43.72% at Rs 6,939.14 crore for year under review as compared to Rs 4,828.10 crore for year ended March 31, 2021.