Tata Steel Ltd.
-3.10 (-1.65%) Tata Steel reports consolidated net profit of Rs 8907 crore in Q1
Date: 13-08-2021Tata Steel has reported results for first quarter ended June 30, 2021.
The company has reported above 5 -fold jump in its net profit at Rs 6780.04 crore for the quarter under review as compared to Rs 1193.27 crore for the same quarter in the previous year. However, total income of the company reported 2- fold jump at Rs 21062.52 crore for Q1FY22 as compared Rs 9459.93 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported net profit attributable to owners at Rs 8906.95 crore for the quarter under review as compared to net loss of Rs 4416.56 crore for the same quarter in the previous year. Total income of the company reported 2- fold jump at Rs 53534.04 crore for Q1FY22 as compared Rs 25662.43 crore for the corresponding quarter previous year.