Tata Steel reported dips in Q2 No.

Tata Steel’s net profit almost halved for the quarter ended September 30, 2009 at Rs. 902.9 crore as compared to Rs.1787.8 crore in the same quarter last fiscal, the best performing in the steel maker’s history.
BSE Tips
Attributing the 49.5 percent dip in net profit to fall in price of the alloy, Tata Steel’s group chief financial officer Koushik Chatterjee said as a result realisation came down to Rs 29,900 a tonne in the quarter ended September 30,2009 from Rs.40000 per tonne a year ago

Related Pages :

1. Growth hit by land purchase- Tata Steel
2. Tata Steel sales up 21% in H1
3. HT Media reported 92.6% growth
4. Q1-dips for Gail