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Tata Steel announces Q2 results, net up at Rs.1101.49 Crores



Posted On : 2006-10-30 08:52:03( TIMEZONE : IST )

Tata Steel announces Q2 results, net up at Rs.1101.49 Crores

Tata Steel Ltd has announced the following Audited results for the quarter ended September 30, 2006:

The Company has posted a net profit of Rs 11014.90 million for the quarter ended September 30, 2006 as compared to Rs 10454.20 million for the quarter ended September 30, 2005. Total Income (net of excise) has increased from Rs 40032.10 million for the quarter ended September 30, 2005 to Rs 43629.80 million for the quarter ended September 30, 2006.

The Consolidated results are as follows:

The Group has posted a Profits after minority interest & share of profits of Associates of Rs 11391.10 million for the quarter ended September 30, 2006 as compared to Rs 11113.20 million for the quarter ended September 30, 2005. Total Income (net of excise) has increased from Rs 52196.40 million for the quarter ended September 30, 2005 to Rs 61764.20 million for the quarter ended September 30, 2006.

Source : Equity Bulls

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