Tata Steel posts 346% rise in profit at â¹933 crore
Tata Steel on Monday posted a 346% rise in net profit from continuing operations at â¹933 crore for the June quarter, as against â¹209 crore in the same period last year. Revenue increased 19% to over â¹31,000 crore. Tata Steel has said that a one-time provision of â¹614 crore for mining related litigation resulted in less than expected profit.