India’s Tata Steel Long Products Limited (TSLPL) has reported a net loss of INR 2.37 billion ($29.33 million) for the third quarter (October-December) of the fiscal year 2022-23, against a net profit of INR 1.03 billion ($12.71 million) in the corresponding quarter of the previous year, according to a company statement on Thursday, January 26.
The company reported a total income of INR 19.52 billion ($239 million) for the quarter, up 16 percent year on year, the statement said.
I graduated from the University of Kolkata with a degree in economics and have three decades of experience in reporting for leading print media publications, covering key manufacturing industries like iron and steel, energy (fossil and renewable), chemicals and petrochemicals and mining sectors (coal, bauxite, iron ore and copper). I work as a correspondent for SteelOrbis reporting on the Indian steel industry covering pricing and trade trends across the value chain, capacity creations and utilizations, corporate developments, government policy frameworks and industry related news.
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29 Jan | Steel News