Tata Steel has reported results for third quarter ended December 31, 2013.
The company has reported 45.14% rise in its net profit at Rs 1518.77 crore for the quarter as compared to Rs 1046.39 crore for the same quarter in the previous year. Total income of the company has increased by 10.65% at Rs 10408.20 crore for quarter under review as compared to Rs 9406.03 crore for the quarter ended December 31, 2012.
On the consolidated basis, the group has reported a net profit after taxes, minority Interest and share of proflt/(loss) of associates at Rs 503.24 crore as compared to a net loss of Rs 763.06 crore in the same quarter previous year. Total income of the group rose by14.27% to Rs 36753.94 crore for quarter under review as against Rs 32163 crore in corresponding quarter previous year.
The company has reported 45.14% rise in its net profit at Rs 1518.77 crore for the quarter as compared to Rs 1046.39 crore for the same quarter in the previous year. Total income of the company has increased by 10.65% at Rs 10408.20 crore for quarter under review as compared to Rs 9406.03 crore for the quarter ended December 31, 2012.
On the consolidated basis, the group has reported a net profit after taxes, minority Interest and share of proflt/(loss) of associates at Rs 503.24 crore as compared to a net loss of Rs 763.06 crore in the same quarter previous year. Total income of the group rose by14.27% to Rs 36753.94 crore for quarter under review as against Rs 32163 crore in corresponding quarter previous year.
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