Tata Steel reports Rs.39.14 bn consolidated net profit

Calcutta News.Net
Thursday 28th August, 2008 (IANS)

Tata Steel Thursday reported a consolidated net profit of Rs.39.14 billion ($910 million) for the first quarter of this fiscal compared to Rs.24.09 billion of the corresponding period last year.

Total Income has increased to Rs.435.6 billion during the quarter from Rs.312.96 billion in the first quarter of last fiscal.

The consolidated financial results include the results of Tata Steel UK Ltd and its subsidiaries, whose income constitute 74 percent of the total income.

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