May 06, 2021 03:16 am | Updated 03:16 am IST - New Delhi
Tata Steel on Wednesday posted a consolidated net profit of ₹7,161.91 crore for the quarter ended March, mainly on account of higher income.
The company had reported a net loss of ₹1,615.35 crore a year earlier, Tata Steel said in a BSE filing.
In the January-March 2021 quarter, the company’s total income jumped to ₹50,249.59 crore from ₹37,322.68 crore a year earlier. Total expenses rose to ₹40,052 crore from ₹35,432.42 crore.
Shares of the company rose 0.46% to ₹1,068.95 per share on the BSE.
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