The company's consolidated net profit stood at Rs 2,879 crore, up from Rs 1,008 crore in the same period a year ago.
Domestic steel giant Tata Steel on Wednesday reported consolidated net profit of Rs 14,688.02 crore for the fourth quarter ended March 31, 2018.
India's largest private sector steel maker recorded its best ever annual performance with net profit climbing to Rs 6,113 crore in 2017-18, up 76 per cent from Rs 3,467 crore in the previous fiscal.
The total expenses of the company stood at Rs 32,626.42 crore during the quarter under review as against Rs 31,132.02 crore in the year-ago period.
The Bhushan Steel lenders have a 12% stake in the company and there are around 5,000 employees, who "will be taken on board, as per the resolution plan given by us", said T V Narendran, chief executive officer and managing director of Tata Steel. "Growth was broad-based across our marketing segments". "The 50:50 JV discussion with thyssenkrupp is progressing well", he said.
Sajjan Jindal-led JSW Steel today said the company has chose to invest an additional Rs 17,600 crore for increasing its steel capacity to 24.7 million tonne per annum (mtpa) by 2020.
The gain in profits was despite lower production the company had witnessed of 6.26 million tonne (mt) during Q4 as compared to 6.40 mt a year ago.
He said the company is awaiting NCLT approval for Monnet Ispat and Energy (MIEL) acquisition. Our $1.3 bn global bond issue in January 2018 helped us extend our maturity profile.
The companys scrip closed at Rs 336.65, up 0.87 per cent on the BSE, against 0.44 per cent decline in the benchmark.
Her husband, Jonathan Allen, faces multiple charges of torture and felony child abuse . "My husband has a lot of tattoos". Allen and Ina Rogers of Fairfield, California, have 10 children and are in jail on felony child abuse charges.
To distinguish the new flagship site, a Premium Brands from Lord & Taylor header will run across each premium brand page. At the same time, Lord & Taylor is eager to tap into the retail giant's millions of customers across the country.
He said that the APC was taking the Ekiti governorship poll seriously "to redeem the state from a very abusive government". She explained that none of the contestants in the last Saturday's APC governorship primary in Ekiti sent in any petition.
All four major USA professional sports leagues, the NCAA and the federal government had urged the court to uphold the federal law. The new CT law allows state officials "to regulate wagering on sporting events to the extent permitted by state and federal law".
In 2012, however, the rate of decline suddenly reduced by about 50% - indicating that new source of production had started up. Researchers say their evidence shows it's likely that new, illegal emissions of CFC-11 are coming from East Asia.
Several salient technical indicators of SemiLEDs Corporation are now starting to make their way into the trading conversation. Controlling emotions and conducting the necessary research can help the investor make the hard decisions when they crop up.
Now in charge of New York City, Vieira is said to be mystified over whether he has ever been under serious consideration. I think all of them could manage Arsenal . 'With Vieira - and this is only my opinion - yes.
Meanwhile, Canyon County spokesman joe Decker told the Idaho Statesman that most precincts are seeing higher-than average turnout. And, as partial repayment for those efforts, the least the rest of us could do is get our ballots in on time.
Whitney also explores Houston's complicated relationship with her mother and highly publicized yoyo romance with Bobby Brown . Whitney , which is directed by the Scottish film-maker Kevin Macdonald , premiered at the Cannes film festival on Thursday.
The Norwegian energy company ditched the word "oil" from its name to broaden its energy reach beyond oil and gas production. Statoil ASA says it expects to implement its name change to Equinor ASA from, and including, May 16.
Eastman wins Democratic primary for Nebraska's 2nd District
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Deadpool 2 (2018) REVIEW - Ryan Reynolds Was Born For This
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