Stock Market

TATA STEEL earned a staggering net profit of Rs 12,547 crore in three months, increased manifold

Tata Steel q2 results 2021: The company’s total income (tata steel q2 net income) increased to Rs 60,553.63 crore for the quarter ended September 30, 2021, from Rs 39,157.79 crore during the same quarter a year ago.

Tata Steel q2 results 2021: Domestic steel company Tata Steel’s integrated net profit increased manifold to Rs 12,547.70 crore in the July-September quarter (Q2) of the current financial year. The profit of the company has increased due to increase in income. According to the news of PTI, Tata Steel told the stock market on Thursday that its net profit in the second quarter of the previous financial year was just Rs 1,665.07 crore.

total income of the company

According to the news, the company’s total income (tata steel q2 net income) increased to Rs 60,553.63 crore in the quarter ended September 30, 2021, from Rs 39,157.79 crore during the same quarter a year ago. The company’s total expenses during the quarter under review stood at Rs 47,135.28 crore as against Rs 37,000.28 crore in the year-ago period. Tata Steel is one of the top steel companies in the world and produces 33 million tonnes of crude steel annually.

Watch dgmartpro TV here

share of tata steel

Shares of Tata Steel closed at Rs 1299.60 on the Bombay Stock Exchange on Thursday. There has been a marginal increase of 0.08 percent in the share price. A report said that domestic steel company Tata Steel will infuse capital of Rs 8,000 crore on its Indian operations in the current financial year (2021-22).

,

Show More

Related Articles

Leave a Reply

Back to top button