It had posted a net profit of ₹9,835.12 crore a year ago. The consolidated revenue from operations fell 9.17% to ₹62,961.54 crore from ₹69,323.50 crore a year ago.
A consensus estimate of Bloomberg analysts had pegged consolidated net profit at ₹534 crore on revenues of ₹60,630 crore.
Tata Steel's Ebitda fell to ₹7,225 crore, while Ebitda margin was at about 11%. The board has recommended a dividend of ₹3.60 per share.
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