Tata Steel consolidated quarterly net plunges 68.78%
Source: IRIS | 06 Feb, 2015, 08.15PM
|
|
|
|
|
| Rating: NAN / 5 stars. |
 Comments | Post Comment |
|
Tata Steel said a substantial drop in consolidated net profit for the quarter ended December 2014. During the quarter, the profit of the company declined 68.78% to Rs 1,571.10 million from Rs 5,032.40 million in the same quarter last year. Net sales for the quarter declined 8.45% to Rs 336,332.30 million, compared with Rs 367,358.20 million for the prior year period. Earnings per share for the quarter stood at Rs 1.16, registering 75.48% decline over previous year period.
| Quarterly Results - consolidated (Rs in mn) | | As at | Dec - 14 | Dec - 13 | %Change | | Net Sales | 336,332.30 | 367,358.20 | (8.45) | | Net Profit | 1,571.10 | 5,032.40 | (68.78) | | Basic EPS | 1.16 | 4.73 | (75.48) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
