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Tata Steel Management Speaks On The Firm's Future Prospects & The Recent Spike In Steel Prices

Tata Steel posted a consolidated net profit of Rs 7,161.91 crore for the quarter ended March 2021, mainly on account of higher income. The company had reported a net loss of Rs 1,615.35 crore in the year-ago quarter, Tata Steel said in a BSE filing. The revenue rose around 40 percent and India EBITDA per tonne came in well above estimates. Koushik Chatterjee, ED and CFO at Tata Steel discussed the numbers as well as shared his outlook for the business going forward.#CNBCTV18 #BusinessNews #ShareMarketToday #Nifty #SensexCNBC-TV18 is India's No.1 Business medium and the undisputed leader in business news. The channel's benchmark coverage extends from corporate news, financial markets coverage, expert perspective on investing and management to industry verticals and beyond. CNBC-TV18 has been constantly innovating with new genres of programming that helps make business more relevant to different constituencies across India. India's most able business audience consumes CNBC-TV18 for their information & investing needs. This audience is highly diversified at one level comprising of key groups such as business leaders, professionals, retail investors, brokers and traders, intermediaries, self-employed professionals, High Net Worth individuals, students and even homemakers but shares a distinct commonality in terms of their spirit of enterprise.For latest news and updates visit our Website: https://bit.ly/2YbpXBMSubscribe to our Channel: https://www.youtube.com/user/CNBCTV18Like us on Facebook: https://www.facebook.com/cnbctv18india/Follow us on Twitter: https://twitter.com/CNBCTV18News

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