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Tata Steel net profit declines 6.09% in the December 2011 quarter

Capital Market / 20:11 , Feb 09, 2012

Sales rise 13.38% to Rs 8304.58 crore

Net profit of Tata Steel declined 6.09% to Rs 1421.26 crore in the quarter ended December 2011 as against Rs 1513.46 crore during the previous quarter ended December 2010. Sales rose 13.38% to Rs 8304.58 crore in the quarter ended December 2011 as against Rs 7324.69 crore during the previous quarter ended December 2010.

In the consolidated results, the company reported net loss after minority interest of Rs 602.67 crore in the quarter ended December 2011 as against net profit after minority interest of Rs 1003.02 crore during the previous quarter ended December 2010. Sales reported to Rs 32964.15 crore in the quarter ended December 2011 as against Rs 28606.15 crore during the previous quarter ended December 2010.

ParticularsQuarter Ended
 Dec. 2011Dec. 2010% Var.
Sales8304.587324.69 13
OPM %31.6838.51 -18
PBDT2402.322496.39 -4
PBT2113.252210.02 -4
NP1421.261513.46 -6

 



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