Tata Steel 2QFY27 consolidated profit after tax jumps 55% QoQ to Rs 37 billion
Bitget2026/11/07 08:39- Tata Steel’s consolidated reported profit after tax rose 16% year over year to Rs 37 billion for the quarter ended September 30, 2026.
- Consolidated revenues climbed 11% year over year to Rs 654.36 billion.
- Net debt stood at Rs 914.23 billion, while capital expenditure totaled Rs 32.8 billion for the quarter.
- The Neelachal Ispat Nigam capacity expansion entered execution, while construction progressed on downstream galvanizing and tinplate projects.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Production Increase Falls Short, Layoffs First! Boeing (BA.US) Cuts 5% of Commercial Airplane Jobs, Delays 737 Monthly Production Target of 47 Aircraft to 2027
Stephanie Pope, head of Boeing's commercial airplanes division, informed employees in an internal memo on Monday that due to obstacles in increasing aircraft production, the division plans to cut 5% of its workforce.
After acquiring SpotHero, Uber (UBER.US) makes its debut in the parking sector with a parking space reservation feature, initially available in 15 U.S. cities
Uber has launched a brand new parking space reservation feature, which marks its first step in the parking sector following its acquisition of the parking app SpotHero earlier this year.
Arbitrum will welcome a new propAMM
