Tata Steel FY21 net profit doubles to Rs 13,607 crore; board approves Rs 25 dividend
In Q4 FY21, Tata Steel reported a standalone net profit of Rs 6,593.54 crore as opposed to a loss of Rs 436.83 crore in Q4 FY20, and highest-ever quarterly crude steel production at 4.75 million tonnes
BusinessToday.In | May 5, 2021 | Updated 21:20 IST
Indian steel major Tata Steel reported a standalone net profit of Rs 13,606.62 crore for the financial year ended March 31, 2021, more than twice recorded in the previous fiscal. The steelmaking arm of Tata group had posted a net profit of Rs 6,743.80 crore in financial year 2019-20, translating into a 101 per cent growth financial year 2020-21.