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Tata Steel standalone net profit declines 11.99% in the June 2017 quarter

Capital Market

Sales rise 41.70% to Rs 12835.63 crore

Net profit of Tata Steel declined 11.99% to Rs 506.45 crore in the quarter ended June 2017 as against Rs 575.43 crore during the previous quarter ended June 2016. Sales rose 41.70% to Rs 12835.63 crore in the quarter ended June 2017 as against Rs 9058.24 crore during the previous quarter ended June 2016. ParticularsQuarter EndedJun. 2017Jun. 2016% Var.Sales12835.639058.24 42 OPM %23.1124.52 -PBDT2378.281797.67 32 PBT1411.871094.70 29 NP506.45575.43 -12

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First Published: Aug 08 2017 | 5:29 PM IST

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