Shares of Tata Steel was up 5% to Rs 480 on BSE in intra-day trade even as the company reported a consolidated net loss of Rs 1,168 crore in March 2017 (Q4FY17), 61% lower as compared to Rs 3,042 crore in the same quarter the previous year.
The company’s consolidated revenue during the quarter under review was up 33% at Rs 35,305 crore, against Rs 27,071 crore in the year-ago period.
“The overall outlook for the steel market remains constructive on optimism on US infra spend and China supply side reforms. The recent slide in commodity prices, however
The company’s consolidated revenue during the quarter under review was up 33% at Rs 35,305 crore, against Rs 27,071 crore in the year-ago period.
“The overall outlook for the steel market remains constructive on optimism on US infra spend and China supply side reforms. The recent slide in commodity prices, however

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