Tata Steel Q3 profit rises 54% to 1,753 crore

摘要

Tata Steel reported a 54 per cent increase in the third quarter with a consolidated net profit of 1,753 crore, against 1,136 crore in the same quarter last year, due to higher realisation and lower base. Tata Steel's turnover was up 23 per cent at 41,220 crore against 33,447 crore last year. Consolidated Ebitda per tonne was up at 10,331 against 8,638 registered last year. The company registered deferred tax of 288 crore and profit from asset sale of 167 crore during the quarter.