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Tata Steel Q1 Results: Net profit down 92% on year to ₹633 95 crore
Tata Steel s Q1FY24 net profit falls 92% YoY to ₹633.95 crore, down 63% sequentially; shares close down 1.03% at ₹115.45 apiece on BSE.
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Tata Steel announces 10:1 stock split; dividend of Rs 51
For FY22, the company clocked a net profit of Rs 41,749 crore, a more than five-fold jump from the previous fiscal's Rs 8,190 crore.
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Tata Steel swings into black, posts Rs 7,162 crore net profit in March quarter
Total expenses rose to Rs 40,052 crore from Rs 35,432.42 crore in the January-March period of 2019-20.
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