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Tata Steel's Q2 net profit rises 16%

Tata Steel's Q2 net profit rises 16%

India's Tata Steel reported consolidated net profit of INR 37 billion ($393.31 million) in the second quarter of fiscal 2026-27, covering July to September. That was 16% higher than in the same period a year earlier, the company said on November 9.

Revenue rose 11% to INR 654.36 billion ($6.96 billion). Finished steel production increased 4% year on year to 8.07 million metric tons.

Sales reached 7.92 million metric tons, compared with 7.91 million metric tons a year earlier.

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