News > Tata Steel Q3 results: Net profit at ₹522 crore, revenue down 3% YoY

Tata Steel Q3 results: Net profit at ₹522 crore, revenue down 3% YoY

This marked a turnaround from the net loss of ₹ 2,501.95 crore in the corresponding quarter of the previous year, attributable to strong domestic demand counterbalancing the challenges in the European market. The company registered a net loss of ₹ 6,511.16 crore in the second quarter. Reported revenue from operations stood at ₹ 55,312 crore, slightly lower than the ₹ 57,084 crore recorded in the corresponding quarter of the previous year.