Tata Steel Q1 net up 3 pc at Rs 953.41 cr
Tata Steel Q1 net up 3 pc at Rs 953.41 cr
The group posted a profit after minority interest and share of profits of associates of Rs 1,019.18 crore for Q1.

Mumbai: The country's largest private sector steel major, Tata Steel Ltd on Friday posted an increase of 3.17 per cent in net profit at Rs 953.41 crore for the quarter ended June 30, as compared to Rs 924.11 crore for the same quarter last year.

The total income (net of excise) increased 11.32 per cent to Rs 3,993.78 crore for the first quarter ended June 30 from Rs 3,587.39 crore a year ago, the company informed the Bombay Stock Exchange.

The group posted a profit after minority interest and share of profits of associates of Rs 1,019.18 crore for the quarter ended June 30, as compared to Rs 985.32 crore for the same quarter in 2005-06, it added.

The total income (net of excise) of the group increased to Rs 5,843.28 crore for the first quarter ended June 30 from Rs 4,916.45 crore a year ago.

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