Sales decline 12.52% to Rs 29164.37 crore
Net Loss of Tata Steel reported to Rs 3213.76 crore in the quarter ended March 2016 as against net loss of Rs 5674.29 crore during the previous quarter ended March 2015. Sales declined 12.52% to Rs 29164.37 crore in the quarter ended March 2016 as against Rs 33336.81 crore during the previous quarter ended March 2015.For the full year,net loss reported to Rs 3049.32 crore in the year ended March 2016 as against net loss of Rs 3925.52 crore during the previous year ended March 2015. Sales declined 16.17% to Rs 115951.74 crore in the year ended March 2016 as against Rs 138318.91 crore during the previous year ended March 2015.
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