InvestorQ : How do you see the latest quarter results of Tata Steel for the Jun-21 quarter?
Rutuja Nigam made post

How do you see the latest quarter results of Tata Steel for the Jun-21 quarter?

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4 months ago
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Tata Steel reported net profits of Rs.8,907 crore for Jun-21 quarter in contrast to a net loss of Rs.4,416 crore in Jun-20 quarter. The revenues for the Jun-21 quarter were up 108% at Rs.53,372 crore, on the back of positive growth in steel volumes and prices. There was good news on deliveries, with steel deliveries at of Tata Steel Europe up 17.4% at 2.33 MT. Even India deliveries were up 42% at 4.15 MT. EBITDA was slightly below street expectations.

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