Tata Steel Q3 FY11 Results : Net profit zooms 2.2 times

by khalid on 17/02/2011 · 0 comments

Tata Steel Limited has posted a net profit for the period Q3 (ending Dec 10) of the current fiscal (FY10-11). During the said quarter, net profit sharply rose 2.2 times to Rs 949.12 crores in comparison to Rs 432.13 crores of Q3 (ending Dec 09) of previous year (FY09-10). Jaypee Group is a diversified infrastructural industrial conglomerate in India. Its founder is Jaiprakash Gaur. The oldest company in the group is Jaiprakash Associates.

The company has informed the share market (BSE/NSE) that the total income too increases 11.02% to Rs 29089.15 crore in Q3 (ending Dec 2010) of the current fiscal (FY10-11) when compared with the same quarter Q3 (ending Dec 2009) of previous year (FY09-10). Total income was Rs 25893.08 crores in last year’s quarter Q3. The stock climbes 3.97% on spectacular Q3 FY11 results.

Share’s Data :-
BSE Code : 500470
Mkt. Cap : Rs 57,835.53 Crores
Tata Steel Ltd. share’s CMP is Rs 641.05 on 16th Feb 2011.

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