- ₹513-CRORE NET PROFIT IN Q3 A THIRD OF FORECAST
TATA STEEL ON Wednesday posted a net profit of ₹513 crore on a consolidated basis for the quarter ended December 31, missing consensus Street estimates of ₹1,688 crore, driven by demand from the domestic market.
The company had posted a net loss of ₹2,224 crore for the comparable year-ago period.
It had posted a net loss of ₹6,196 crore for the preceding quarter ended September 30, impacted by weak performance of its European operations.
For the reporting quarter, Tata Steel's revenue fell 3.1% to ₹55,312 crore from ₹57,084 crore recorded during the comparable year-ago period, while Ebitda rose 54.7% to 6,264 crore from ₹4,048 crore, the company said in a regulatory update.
هذه القصة مأخوذة من طبعة January 25, 2024 من Financial Express Mumbai.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة January 25, 2024 من Financial Express Mumbai.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
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