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Financial year 2016-17 News

13 Sep 2016

Tata Steel Q1 loss widens 10-fold to Rs. 3,183 crore, EBITDA up 21%

Tata Steel started off the financial year 2016-17 on a weak note with the consolidated quarterly loss widening 10-fold to Rs. 3,183 crore compared with Rs. 317 crore in same period last fiscal, dented by discontinued operations (include sale of Scunthorpe assets to Greybull Capital).

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