It reported a loss of 3.87 billion rupees ($61 million) for the April-June quarter, compared with a loss of 10.82 billion rupees a year earlier. (http://bit.ly/2vB7C3W)
Analysts on average had expected the steelmaker to make a loss of 4.33 billion rupees in the first quarter of this financial year, according to Thomson Reuters data.
($1 = 63.6370 Indian rupees)
(Reporting by Krishna V Kurup in BENGALURU; Editing by Tom Hogue and Susan Fenton)
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)