Tata Steel reports 39.14 Bn consolidated net profit

Thursday, 28 August 2008, 07:00 Hrs
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Kolkata: Tata Steel Thursday reported a consolidated net profit of 39.14 billion ($910 million) for the first quarter of this fiscal compared to 24.09 billion of the corresponding period last year.

Total Income has increased to 435.6 billion during the quarter from 312.96 billion in the first quarter of last fiscal.

The consolidated financial results include the results of Tata Steel UK and its subsidiaries, whose income constitute 74 percent of the total income.
Source: IANS
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