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Tata Steel sales rise 12 pc to 2.62 MT in Jul-Sept

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Press Trust of India New Delhi
Tata Steel today said its sales rose by 12 per cent to 2.62 million tonnes (MT) in the quarter ended September 30, 2016.

The Mumbai-based firm had clocked sales of 2.33 MT in the same quarter of 2015-16 fiscal, it said in a regulatory filing.

In the first six months of 2016-17, the firm's sales fell 6 per cent to 4.77 MT from 4.48 MT during the April-September period of 2015-16.

Crude steel production, however, rose by 12 per cent to 2.81 MT in the September quarter from 2.51 MT during the same period in 2015-16. In the first six months, output was up by 10 per cent to 5.34 MT from 4.85 MT in the year-ago period.
 

Saleable steel production was higher by 10 per cent to 2.73 MT in the July-September quarter of 2016-17 from 2.41 MT during the same quarter in 2015-16.

In the first six months of this fiscal, saleable steel production rose by 9 per cent to 5.06 MT from 4.64 MT during the same period in 2015-16.

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First Published: Oct 06 2016 | 10:42 PM IST

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