Tata Steel posted a consolidated net loss of Rs 602.67 crore for the third quarter ended December 31, 2011.
The company had posted a net profit of Rs 1,003.02 crore in the corresponding quarter last financial year, Tata Steel said in a filing to the Bombay Stock Exchange (BSE).
However, consolidated total income during the third quarter rose 14.68% to Rs 33,241.37 crore from Rs 28,985.12 crore in the year-ago period, it added.
Shares of the company today settled at Rs 451, up marginally from its previous close on the BSE.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
