Tata Steel Long Products reports 2- fold jump in Q2 net profit
21st Oct 2021

Tata Steel Long Products has reported results for second quarter ended September 30, 2021.

The company has reported 2- fold jump in its net profit at Rs 134.77 crore for the quarter under review as compared to net profit of Rs 59.05 crore for the same quarter in the previous year. Total income of the company increased by 41.64% at Rs 1701.87 crore for Q2FY22 as compared Rs 1201.51 crore for the corresponding quarter previous year.

Tata Steel Long Products is one of India’s largest merchant sponge iron manufacturers. The company is engaged in the production of sponge iron by direct reduction method of iron ore and power generation from waste heat.