Thursday 21 May 2015

Tata Steel stock down 5% post Q4 results

The Group has posted a net profit after taxes, minority interest and share of profit / (loss) of associates of Rs. (56742.90) million for the quarter ended March 31, 2015 as compared to net profit of Rs. 10358.70 million for the quarter ended March 31, 2014. 

Shares of Tata Steel were lower by 5% at Rs. 344 after the company posted Q4 results.
Tata SteelThe stock has hit a high of Rs. 351 and a low of Rs. 344.

The Group has posted a net profit after taxes, minority interest and share of profit / (loss) of associates of Rs. (56742.90) million for the quarter ended March 31, 2015 as compared to net profit of Rs. 10358.70 million for the quarter ended March 31, 2014. 

Total Income has decreased from Rs. 425397.50 million for the quarter ended March 31, 2014 to Rs. 338055.90 million for the quarter ended March 31, 2015.

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