Corporate Scorecard

Tata Engg Q3 in the black, net at Rs 75.71 cr

Tata Engineering has reported net profits of Rs 75.71 crore for the third quarter ended December 31, 2002, against a loss of Rs 55.54 crore during the same quarter of 2001-02.

Net sales stood at Rs 2,585.78 crore, up from Rs 2,080.27 crore during the same period in fiscal 2002. The strong improvement in profitability was driven by a 35 per cent improvement in the company