Tag: Q3 FY’22
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India: Tata Steel Q3 net profit grows 2.5 times to INR 9,598 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…