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Tata Steel Q2 profit rises 18% to Rs 3,666.41 cr

Positive+2510 sourcesCompany event

GreyOak summary

Tata Steel reported an 18% year-on-year increase in consolidated net profit to Rs 3,666.41 crore in Q2FY27, beating analyst estimates. Revenue grew 12% to Rs 65,436.24 crore driven by strong demand and cost savings, though full-year cost targets remain unmet due to operational disruptions.

What it affects

  • Net profit rose 18% to Rs 3,666.41 crore.Rolling sentiment Positive +43

Source

Read the original at Mint

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