Tata Steel Ltd.

Tata Steel has reported sales of 1.59 million tonnes in the first quarter of FY13, which remained unchanged ass compared to the corresponding quarter previous year, as power cuts impacted downstream production. While, sales remained marginally lower on Q-o-Q basis, when it touched 1.79 million tonnes in Q4 FY12, on account of power outages which impacted downstream production

Further, the company’s saleable steel production was also down during the quarter at 1.74 million tonne against 1.75 million tonne in the same quarter previous year and 1.78 million tonne in the Q4 FY12.

However, the company’s crude steel production rose 1.67% to 1.82 million tonne during quarter under review as against 1.79 million tonne crude steel in the April-June quarter of last fiscal.