Tata Steel standalone net profit declines 33.61% in the June 2019 quarter

Capital Market 

Sales decline 2.11% to Rs 15812.75 crore

Net profit of Tata Steel declined 33.61% to Rs 1538.99 crore in the quarter ended June 2019 as against Rs 2318.15 crore during the previous quarter ended June 2018. Sales declined 2.11% to Rs 15812.75 crore in the quarter ended June 2019 as against Rs 16154.32 crore during the previous quarter ended June 2018. ParticularsQuarter EndedJun. 2019Jun. 2018% Var.Sales15812.7516154.32 -2 OPM %25.0231.40 -PBDT3411.564894.53 -30 PBT2443.903907.86 -37 NP1538.992318.15 -34

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First Published: Thu, August 08 2019. 10:57 IST