Tata Steel’s second-quarter results: Steelmaker’s net profit was 8.33 billion rupees, year-on-year loss; revenue fell 3%

Tata Steel Ltd announced its July-September quarter results on Wednesday, November 6. The company recorded $Net profit for the second quarter of fiscal 2024-25 was Rs 833.45 crore, according to the company’s filing with the BSE on Wednesday.

In the second quarter of fiscal 2023-24, the steelmaker $Net loss was Rs 6,196.24 million.

Tata Steel shares closed 0.85% higher $153.60 after Wednesday’s trading session, compared with $The previous market close was 152.30. The company released second-quarter results after the bell on Wednesday.