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Home»Business»Tata Steel’s Q2 net profit plunges 90 per cent to ₹1,297 crore: Report
Business

Tata Steel’s Q2 net profit plunges 90 per cent to ₹1,297 crore: Report

November 3, 2022No Comments1 Min Read
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PTI | | Posted by Aryan Prakash

Home metal large Tata Metal on Monday reported a virtually 90 per cent drop in consolidated web revenue to ₹1,297 crore for the July-September quarter of 2023-23, dragged by greater bills.

The corporate’s web revenue stood at ₹12,547.70 crore within the corresponding interval of the earlier monetary 12 months, Tata Metal mentioned in a BSE submitting.

Its whole earnings throughout July-September 2022 stood at ₹60,206.78 crore as in opposition to ₹60,657.98 crore within the year-ago interval.

The agency’s whole bills rose to ₹57,684.09 crore from ₹47,239.63 crore earlier.

Homegrown Tata Metal is among the many high metal producers on this planet.

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