Tata Steel Q4 net jumps 37% to Rs 9,835 cr on account of higher income

Tata Steel on Tuesday posted a 37 per cent jump in consolidated net profit at Rs 9,835.12 crore for the quarter ended March 2022, mainly on account of higher income.

Tata Steel
Press Trust of India New Delhi
1 min read Last Updated : May 03 2022 | 7:56 PM IST

Tata Steel on Tuesday posted a 37 per cent jump in consolidated net profit at Rs 9,835.12 crore for the quarter ended March 2022, mainly on account of higher income.

The steel major had reported a net profit of Rs 7,161.91 crore in the year-ago quarter, it said in a BSE filing.

During January-March 2022, Tata Steel's total income jumped to Rs 69,615.70 crore from Rs 50,300.55 crore earlier.

Total expenses rose to Rs 57,635.79 crore from Rs 40,102.97 crore in the January-March period of 2020-21.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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Topics :Tata SteelQ4 Results

First Published: May 03 2022 | 7:56 PM IST

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