Tata Steel revenue falls 21 computer to Rs 7,714 cr in Apr-Jun

Tata Steel on Monday posted a 21 per cent fall in its consolidated internet revenue to Rs 7,714 crore for the April-June quarter attributable to increased bills.

The firm had reported a internet revenue of Rs 9,768 crore in the identical interval of 2021-22, the metal big mentioned in regulatory submitting.

Total revenue of the corporate was at Rs 63,698.15 crore in April-June this yr in opposition to Rs 53,627.66 crore in April-June of the previous fiscal.

Its bills together with the price of supplies consumed and the finance value, elevated to Rs 51,912.17 crore from Rs 41,490.85 crore within the year-ago quarter.

Tata Steel is among the many nation’s high 4 metal producers and contributes round 18 per to the entire home metal manufacturing.