Tata Steel Ltd reported more than threefold growth in net income in the second quarter, easily outperforming market valuations, boosted by strong sales in India.
Net income was Rs 31.16 billion (USD 428.79 million) in the second fiscal quarter ended September 30. Then, as a year earlier, the profit amounted to 10.18 billion rupees, the company said.
Thirteen analysts on average expected the Mumbai-based firm to post profits of Rs 22.47 billion, according to Refinitiv.
Total operating income rose 34.1% to Rs 435.44 billion.
+38 (098) 875-40-48
|
|
|
Subscribe to news 
Metallurgy news
- 23 April 2025
13:09 The roof for the new stadium of the football club Manchester United will be erected from steel - 14 April 2025
14:24 Turkish exporters must take into account the EU trade adjustments - 07 April 2025
12:11 World markets in free fall, since Trump deepens into a tariff medicine - 29 March 2025
15:33 WorldSteel: World production steel decreased - 26 March 2025
16:47 Electrolux sets the goal of using processed steel - 23 March 2025
13:47 British steel-steelers were faced with the abolition of orders due to American duties on steel 13:43 Trade with the EU: Turkey leads steel exports in 2024 - 11 March 2025
13:29 The American company produces pure hydrogen using waste gases from steel production
Publications
07.05 Independent repair of the refrigerator: why not everything is so simple? 02.05 An effective solution for heating industrial and commercial facilities 01.05 Vibir Slotyv Dzhiji Bet casino 01.05 Components for the arrangement of drip irrigation 26.04 Psychologist in Minsk: professional assistance and support
