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Tata Steel standalone net profit rises 171.88% in the March 2017 quarter

Capital Market 

Sales rise 45.51% to Rs 15218.46 crore

Net profit of rose 171.88% to Rs 1414.96 crore in the quarter ended March 2017 as against Rs 520.44 crore during the previous quarter ended March 2016. Sales rose 45.51% to Rs 15218.46 crore in the quarter ended March 2017 as against Rs 10458.55 crore during the previous quarter ended March 2016.

For the full year,net profit rose 260.44% to Rs 3444.55 crore in the year ended March 2017 as against Rs 955.65 crore during the previous year ended March 2016. Sales rose 24.92% to Rs 47296.99 crore in the year ended March 2017 as against Rs 37861.88 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales15218.4610458.55 46 47296.9937861.88 25 OPM %28.6621.10 -25.1120.10 - PBDT3754.551869.88 101 9601.866154.90 56 PBT2697.061116.26 142 6060.313192.62 90 NP1414.96520.44 172 3444.55955.65 260

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, May 17 2017. 15:08 IST
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