Tata Steel returns to black, posts over Rs 4,010 crore profit in December quarter – The Financial Express

Clipped from: https://www.financialexpress.com/industry/tata-steel-returns-to-black-posts-over-rs-4010-crore-profit-in-december-quarter/2191358/

During the October-December period of the current fiscal, its total income rose to Rs 39,809.05 crore from Rs 35,613.34 crore a year ago.

Tata Steel swung back into black in the October-December quarter posting a consolidated profit of Rs 4,010.94 crore for the quarter on the back of increased income.

The company had clocked a loss of Rs 1,228.53 crore in the year ago quarter, Tata Steel said in a BSE filing.

During the October-December period of the current fiscal, its total income rose to Rs 39,809.05 crore from Rs 35,613.34 crore a year ago.

Its expenses were at Rs 34,183.18 crore, lower from Rs 35,849.92 crore in October-December 2019-20.

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