Tata Steel reports consolidated Q4 net profit at Rs 146.88 billion

Tata SteelTata Steel Ltd on Wednesday posted a net profit of 146.88 billion ($2.17 billion) for the quarter ended March 31, aided by a one-time gain.The Indian steelmaker saw an exceptional gain of 113.76 billion in the quarter, which included a gain from the restructuring of its UK pension scheme.The company had a loss of 11.68 billion a year earlier, it said.
Source: Business Standard