Tata Steel Long Products reports net loss of Rs 184.11 crore in Q4

Tata Steel Long Products Ltd. - (Amalgamated) | Steel/Sponge Iron/Pig Iron | Metals & Mining | BSE: 513010 | NSE: TATASTLLP

26 Apr 2023 Evaluate

Tata Steel Long Products has reported results for fourth quarter (Q4) and year ended March 31, 2023.

Tata Steel Long Products has reported net loss at Rs 184.11 crore for the quarter under review as compared to net profit of Rs 59.62 crore for the same quarter in the previous year. However, total income of the company increased by 4.84% at Rs 1911.98 crore for Q4FY23 as compared to Rs 1823.67 crore for the corresponding quarter previous year.

For the year ended March 31, 2023, the company has reported net loss at Rs 1085.49 crore as compared to net profit of Rs 629.87 crore for the previous year. However, total income of the company increased by 16.71% at Rs 8098.53 crore for year under review as compared to Rs 6939.14 crore for year ended March 31, 2022.

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