Tata Steel Q2 Profit Rises 16% to Rs 3,700 Crore; Noel Tata to Retire
Tata Steel reported a 16% year-on-year profit increase to Rs 3,700 crore in Q2, with revenue rising 11%. Strong domestic performance boosted results, although consolidated figures were affected by European operations. Noel Tata announced his retirement as director. The company plans to expand steel capacity in India to nearly 40 million tonnes per annum.
The Economic Times·




