Tata Steel Ltd.

Tata Steel has reported unaudited results for the first quarter ended June 30, 2011.

The company’s net profit for the quarter ended June 30, 2011 rose by 40.52% at Rs 2219.43 crore as compared to Rs 1579.39 crore for the corresponding quarter last year. Its total income increased 27.47% at Rs 8412.89 crore for the quarter under review from Rs 6599.91 crore for the same quarter last year.

On consolidated basis, the Group has posted a growth of 192.92% in its net profit after taxes, Minority Interest and Share of Profit of Associates at Rs 5346.55 crore as compared to Rs 1825.26 crore for the quarter ended June 30, 2010. Its total income has increased by 35.33% at Rs 36882.43 crore for the quarter under review as compared to Rs 27252.99 crore for the similar quarter of the previous year.