Tag: India: Tata Steel Q3 net profit grows 2.5 times to INR 9573 crore

Tata Steel, India’s largest private-sector steelmaker, delivered strong operating and financial performance in the third quarter of FY’22 (Oct-Dec’21). The company posted strong operating cash flows in the quarter despite a significant surge in international coal prices and increased working capital requirements. Financial highlights The company’s net profit more than doubled to INR 9,598 crore…