Tata Steel posts Rs.14.88 bn net profit

July 31st, 2008 - 11:20 pm ICT by IANS  

Mumbai, July 31 (IANS) Tata Steel Ltd, part of the $55 billion Tata Group, Thursday announced a net profit of Rs.14.88 billion for the first quarter of 2008-09 compared to Rs.12.22 billion over the same period last year. The company’s total revenues increased to Rs.61.77 billion during the quarter from Rs.43.05 billion in the corresponding quarter last year.

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