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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