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Tata Steel profit more than doubles to ₹2,078 cr in Q1
Financial Express Lucknow
|July 31, 2025
FIRMING UP GROWTH
TATA STEEL NET profit for the first quarter of FY26 grew 116.5% year-on-year to ₹2,078 crore, on the back of better steel realisations and reduced cost aided by strategic cost transformation initiatives. It had reported a net profit of ₹960 crore in the year-ago period.
India's oldest steelmaker beat Bloomberg's profit estimate of ₹1,751 crore. The company's revenue came in at ₹53,178 crore, surpassing Bloomberg estimate of ₹51,392 crore. Revenue was, however, down 2.9% year-on-year.
Cette histoire est tirée de l'édition July 31, 2025 de Financial Express Lucknow.
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