Tata Steel Q2 Net Slides 89% To ₹1,297 Crore; L&T's Q2 Net Soars 23%, Sales Beat Estimates
Автор: CNBC-TV18
Загружено: 2022-11-01
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Tata Steel Ltd on Monday reported an 87 percent year-on-year decline in consolidated profit after tax at Rs 1,514 crore for the September quarter. Sequentially, the profit declined 80 percent.
Consolidated revenue for the Tata group company remained flat with a marginal decline of one percent year-on-year to Rs 59,878 crore. Sequentially, they fell 6 percent.
Meanwhile, Larsen & Toubro (L&T) reported consolidated net profit of ₹2,229 crore for the quarter ending September 30, 2022. This is an increase of nearly 22.5 per cent from ₹1819.45 crore in the corresponding quarter of last year.
#larsentoubro #tatasteel #Q2FY23results #cnbctv18 #businessnews #businessnewstoday #businessnewsinenglish #sharemarkettoday
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