Tata Steel Q2 cons net loss at Rs 2,707 cr

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Tata Steel has announced its second quarter FY10 results. The company's Q2 numbers were below street expectations, its consolidated net loss at Rs 2,707 crore versus loss of Rs 2,208 crore, quarter-on-quarter, QoQ.

Its net sales were up 9% at Rs 25,269 crore versus Rs 23,180 crore, QoQ.

Restructuring cost at Rs 911 crore versus Rs 219 crore, QoQ.

Its consolidated input cost at Rs 849 crore versus Rs 1,265 crore.

The company's operating profits was at Rs 246 crore versus loss of Rs 141 crore, QoQ

Q2 FY10 YoY

The company's net sales were down 43% at Rs 25,269 crore versus Rs 44,050 crore, year-on-year, YoY.

Its operating profit at Rs 246 crore versus Rs 8096 crore, YoY.

Its net loss of Rs 2707 crore versus profit of Rs 477 crore, YoY.

Its OPM 1% versus 18%.

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Click on the attachment to to see the results table

Attachments : Consolidated Sep09 Result.pdf