Tata Steel Q1 profit jumps over two-folds to Rs 1,934 cr

Its total income in April-June 2018 grew to Rs 38,180.05 crore from Rs 31,128.80 crore in the first quarter of 2017-18 fiscal, Tata Steel said in a BSE filing.

Tata Steel today said its consolidated net profit jumped more than two-folds to Rs 1,933.80 crore in the April-June quarter of 2018-19 compared to Rs 921.09 crore during the same period a year ago.

Its total income in April-June 2018 grew to Rs 38,180.05 crore from Rs 31,128.80 crore in the first quarter of 2017-18 fiscal, Tata Steel said in a BSE filing.

The company's expenses during the said quarter were at Rs 34,840.89 crore as against Rs 28,844.16 crore in the year-ago quarter.

Shares of the company today ended 1.10 per cent down at Rs 569.20 apiece on BSE.

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