Tata Steel Q1 net up 60% at Rs 3,900.90 cr

New Delhi, Aug 28 (UNI) Tata Steel Ltd today said the Group's net profit for the first quarter ended June 2008 increased 60.43 per cent to Rs 3,900.90 crore as compared to Rs 2,431.50 crore during the same period a year ago.

The Group's total income for Q1 FY09 has surged 39.18 per cent to Rs 43,560.96 crore from Rs 31,296.35 crore in Q1 FY08, the company said in a statement.

The consolidated financial results include the consolidated financial results of Tata Steel UK Ltd and its subsidiaries whose income constitutes 74 per cent of the consolidated total income.

UNI SG AK GC1834