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Tata Steel Q2 profit up 58%, Noel Tata retires

Positive+2810 sourcesCompany event

GreyOak summary

Tata Steel reported a 58% sequential rise in net profit to Rs 3,666 crore for the September quarter, beating estimates. Revenue reached Rs 65,436 crore, driven by an 8% increase in India. Noel Tata is set to retire as vice chairman.

What it affects

  • Net profit rose 58% to Rs 3,666 crore.Rolling sentiment Positive +43

Source

Read the original at NDTV Profit

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