Tata Steel Net Profit at Rs 1787.81 Crores

Tata Steel Limited has announced the standalone Results for the quarter ended on 30-SEP-2008. The Net Sales was at Rs. 674416 lacs for quarter ending on 30-SEP-2008 against Rs. 478509 lacs for the quarter ending on 30-SEP-2007. The Net Profit / (Loss) was at Rs. 178781 lacs for the quarter ending on 30-SEP-2008 against Rs. 119083 lacs for the quarter ending on 30-SEP-2007.The standalone Net Sales was at Rs. 1283425 lacs for half year ending on 30-SEP-2008 against Rs. 898267 lacs for the half year ending on 30-SEP-2007. The Net Profit / (Loss) was at Rs. 327621 lacs for the half year ending on 30-SEP-2008 against Rs. 241294 lacs for the half year ending on 30-SEP-2007.The Stock closed the day at Rs.178, down by Rs.30 or 14.42%. The stock hit an intraday high of Rs.204 and low of Rs.173.15.The total traded quantity was 9590961 at an average price of Rs.185.22 resulting in a turnover of Rs.17764.38 Lakhs.