Tata Steel Sept quarter consolidated net up 213%

Tata Steel Sept quarter consolidated net up 213%
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First Published: Tue, Dec 02 2008. 10 15 PM IST
Updated: Tue, Dec 02 2008. 10 15 PM IST
Reuters
Mumbai: Tata Steel Ltd, the world’s sixth-largest steel maker, said on Tuesday its consolidated quarterly net profit rose 213%, boosted by its Anglo-Dutch unit Corus.
Consolidated net profit after minority interest and share of profit of associates rose to Rs47.72 billion ($952 million) for the September quarter from a restated Rs15.24 billion a year ago.
Last month, the company said quarterly net profit from its Indian operation jumped 50% to Rs17.88 billion for the September quarter.
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First Published: Tue, Dec 02 2008. 10 15 PM IST