Tata Steel posts ₹2,224 cr loss3 min read . Updated: 06 Feb 2023, 11:47 PM IST
Weak European operations, one-off expenses take toll amid steep increase in energy costs
Tata Steel Ltd posted a net loss of ₹2,223.84 crore at the consolidated level in the December quarter, primarily due to a sharp drop in realizations and spreads in Europe. It missed the consensus analysts’ estimates of ₹1,699.10 crore.
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