Tata Steel Long Products reports consolidated net loss of Rs 131.31 crore in the June 2020 quarter

Capital Market 

Sales decline 7.31% to Rs 653.10 crore

Net Loss of Tata Steel Long Products reported to Rs 131.31 crore in the quarter ended June 2020 as against net loss of Rs 73.93 crore during the previous quarter ended June 2019. Sales declined 7.31% to Rs 653.10 crore in the quarter ended June 2020 as against Rs 704.59 crore during the previous quarter ended June 2019. ParticularsQuarter EndedJun. 2020Jun. 2019% Var.Sales653.10704.59 -7 OPM %1.133.42 -PBDT-50.23-2.36 -2028 PBT-130.05-69.85 -86 NP-131.31-73.93 -78

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First Published: Mon, August 03 2020. 07:57 IST