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Tata Steel standalone net profit declines 42.55% in the September 2020 quarter

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Capital Market

Sales rise 11.21% to Rs 16110.22 crore

Net profit of Tata Steel declined 42.55% to Rs 2204.87 crore in the quarter ended September 2020 as against Rs 3837.81 crore during the previous quarter ended September 2019. Sales rose 11.21% to Rs 16110.22 crore in the quarter ended September 2020 as against Rs 14486.58 crore during the previous quarter ended September 2019. ParticularsQuarter EndedSep. 2020Sep. 2019% Var.Sales16110.2214486.58 11 OPM %28.7124.01 -PBDT3955.172861.70 38 PBT2949.171891.37 56 NP2204.873837.81 -43

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First Published: Nov 14 2020 | 2:12 PM IST

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