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27 May, 2018 21:03 IST
Tata Steel loss narrows in Jan-Mar quarter
Source: IRIS | 17 May, 2017, 10.22AM
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Tata Steel  said its net loss for the quarter ended March 2017 has narrowed to Rs 11,680.00.  During the quarter, the in the same quarter last year.

Revenues for the quarter  rose 30.38% to Rs 354,571.00 million, compared with Rs 271,946 million for the prior year period.

Operating margin for the quarter stood at 16.68 percent  as compared to 5.08 percent for the previous year period.  Operating Income for the quarter was Rs 59,142.60 million, compared with Rs 13816.5 million in the previous year period.

Earnings per share stood negative at Rs 12.48 compared with negative Rs 31.80 in the same quarter last year.

Quarterly Results - Consolidated (Rs in mn)
As atMar - 17Mar - 16%Change
Revenues354,571.00271,946.0030.38
Net Profit(11,680.00)(30,419.00)-
Diluted EPS(12.48)(31.80)-

Shares of the company gained Rs 20.6, or 4.51%, to trade at  Rs 477.60.  The total volume of shares traded  was  1,388,584 at the BSE (10.12 a.m., Wednesday).



Tata Steel Limited   (Q,N,C,F)*

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