Business Tuesday, December 02, 2008

Tata Steel net profit up 213 percent

From correspondents in Delhi, India, 09:32 PM IST

Tata Steel Ltd, one of the leading steel makers in the world, Tuesday said its consolidated net profit rose 213 percent for the quarter ended September 2008, boosted by its Anglo-Dutch unit Corus.

The company's consolidated net profit after minority interest and share of profit of associates rose to Rs.47.72 billion during the July-September quarter as against Rs.15.24 billion a year ago.

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