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Tata Steel Q1 net profit beats estimates; approves Rs 33,873 crore capex
Tata Steel's consolidated net profit increased nearly twelve percent year-on-year. This growth was primarily driven by a robust performance in its Indian market. The company also announced a substantial capital expenditure for capacity expansion. Consolidated total revenue for the June quarter rose more than fourteen percent. Global operating conditions remained complex, impacting overseas operations.
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economictimes.indiatimes.com
Tata Capital Q1 Results: Net profit jumps 56% YoY to Rs 1,547 crore, revenue up 15%
Tata Capital announced a substantial net profit increase of over 56 percent. Revenue from operations also saw a healthy rise of more than 15 percent. Assets under management…
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Tata Steel Q1 Results: Profit rises 15% to Rs 2,318 crore, revenue climbs 14%
Tata Steel reported a 15% year-on-year rise in Q1 consolidated net profit to Rs 2,318 crore, driven by higher revenue and stronger operating performance. Revenue grew 14%, while…
