Today news
About the same in other media
Tata Steel Q2 Results Review: Earnings in-line, losses in Europe business likely to decline going forward
Reading now: 857
Tata Steel Q2 Results mostly met the Street's projections. On the back of Tata Steel Europe, which was expected to record earnings before interest, taxes, depreciation, and amortisation (EBITDA) losses owing to low volumes and realisation, analysts had anticipated a sharp drop in profitability during the quarter that ended in September.
At 12:10 IST, Tata Steel share price was trading flat at ₹118.05 apiece on BSE. For the quarter that ended September, Tata Steel reported a net loss of ₹6,196.24 crore for the quarter ended September.
The steel makers, total revenue from operations also dropped by 7% year-on-year (YoY) to ₹55,681.93 crore for Q2FY24. "Exciting news! Mint is now on WhatsApp Channels
. Read more on livemint.comAbout this in other media
MCX Q2 results: Net loss at ₹19 crore, revenue rises 30% livemint.com /1 year ago
Vistra Q3 Results: Profit falls as hedging losses offset higher power demand economictimes.indiatimes.com /1 year ago
Q2 results review: Nifty earnings in line so far; 10 top stocks see upgrade/downgrade livemint.com /1 year ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
