Don't want to miss the best from Business Standard?
On a consolidated basis, Tata Steel Long Products reported a net profit of Rs 339.86 crore in Q4 March 2021 compared with net loss of Rs 133.23 crore in Q4 March 2020.
Consolidated revenue from operations surged 53.40% to Rs 1,546.74 crore in Q4 March 2021 over Q4 March 2020.
The company's total expense was reported at Rs 1,179 crore during Q4 FY21, higher than Rs 1,026 crore in the same period last year. Pre-tax profit stood at Rs 383.18 crore in Q4 FY21 compared with pre-tax loss of Rs 132.48 crore in Q4 FY20.
The board recommended a dividend of Rs 5 per equity share for the financial year ended 31 March 2021. The Q4 result was declared after market hours yesterday, 20 April 2021.
TSLP is one of India's largest merchant sponge iron manufacturers. The company is engaged in the production of sponge iron by direct reduction method of iron ore and power generation from waste heat.
Shares of Tata Steel Long Products rose 3.10% to close at Rs 834.20 on Tuesday.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
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