Tata Steel today reported a 49.49 per cent decline in net profit at Rs 902.94 crore for the second quarter ended September 30, 2009.
The steel major had a net profit of Rs 1,787.81 crore in the second quarter of FY'09, Tata Steel said in a filing to the Bombay Stock Exchange.
Total income also declined by 18.23 per cent to Rs 5,768.16 crore during the period, from Rs 7,054.33 crore in the corresponding period a year-ago.
The company would announce its consolidated figures, which would include Tata Steel Europe (Corus), for the second quarter and the six months ended September 30 by end of November 2009, it added.
Shares of Tata Steel were trading down 6.09 per cent over previous close at Rs 507.65 on BSE.
The steel major had a net profit of Rs 1,787.81 crore in the second quarter of FY'09, Tata Steel said in a filing to the Bombay Stock Exchange.
Total income also declined by 18.23 per cent to Rs 5,768.16 crore during the period, from Rs 7,054.33 crore in the corresponding period a year-ago.
The company would announce its consolidated figures, which would include Tata Steel Europe (Corus), for the second quarter and the six months ended September 30 by end of November 2009, it added.
Shares of Tata Steel were trading down 6.09 per cent over previous close at Rs 507.65 on BSE.
Times Of India
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