The steelmaker's net profit came in at 9.21 billion rupees ($144.37 million) in the quarter ended June 30, compared to a loss of 31.83 billion rupees a year earlier. (http://bit.ly/2vdWpU5)
Analysts on average had expected a net profit of 10.43 billion rupees, according to Thomson Reuters data.
($1 = 63.7950 rupees)
(Reporting by Krishna V Kurup in BENGALURU; Editing by Tom Hogue and Adrian Croft)
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)