Tata Steel back in the black in Q2

07 Nov 2024 Evaluate

Tata Steel has reported results for second quarter ended September 30, 2024 (Q2FY25).

The company has reported net profit at Rs 3,590.99 crore for the quarter ended September 30, 2024 as compared to net loss of Rs 8490.96 crore for the same quarter in the previous year. However, total income of the company decreased by 5.05% at Rs 33250.94 crore for Q2FY25 as compared to Rs 35019.72 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported net profit at Rs 758.84 crore for Q2FY25 as compared to net loss of Rs 6511.16 crore for the same quarter in the previous year. However, total income of the company decreased by 2.52% at Rs 54503.30 crore for Q2FY25 as compared to Rs 55910.16 crore for the corresponding quarter previous year.

Tata Steel Share Price

143.50 -0.95 (-0.66%)
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