Categories: BusinessUncategorized

Tata Steel Q3 net income more than doubled to RS 9,598 Crore

New Delhi: Steel Major Tata Steel on Friday said his consolidated net income had more than doubled to Rs 9,598.16 Crore for the quarter that ended December 2021, mainly because of higher income.
In the submission of regulations, the company said it has recorded a net profit of Rs 4,010.94 Crore in the period last year.
The total income during the October-December quarter also jumped to Rs 60,842.72 Crore, from RS 42.152.87 Crore before.
The company’s burden rose to RS 48,666.02 Crore from RS 36,494.91 Crore.
Tata steel group headquartered in India is one of the top global steel companies with an annual capacity of 34 Mt.

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