Tata Steel shares rose for a second straight session, gaining over 7%, after the company reported strong Q3 results. Consolidated net profit surged 723% YoY to Rs 2,689 crore, while revenue increased 6% YoY to Rs 57,002 crore. However, on a sequential basis, profit fell 13% and revenue declined 3% compared with the previous quarter.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets