Tata Metal: Tata Metal in crimson, Q2 loss at ₹6,511 crore

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Tata Metal: Tata Metal in crimson, Q2 loss at ₹6,511 crore



NEW DELHI: Tata Metal on Wednesday reported a consolidated web loss of Rs 6,511.2 crore within the second quarter ended September. It had clocked a Rs 1,297 crore web revenue within the year-ago interval, the corporate mentioned in a regulatory submitting.
Whereas its whole earnings declined to Rs 55,910.2 crore from Rs 60,206.8 crore within the year-ago quarter, its bills stood at Rs 55,853.4 crore within the quarter beneath overview as towards Rs 57,684 crore a 12 months in the past.In a separate assertion, Tata Metal mentioned its web debt stands at Rs 77,032 crore.