Tata Steel Long Products Ltd Q1FY22 consolidated PAT at Rs. 331.61 crores

Tata Steel Long Products Ltd has reported financial results for the period ended June 30, 2021.

Financial Results (Q1 FY 2021-22) - QoQ Comparison

The company has reported total income of Rs.1726.63 crores during the period ended June 30, 2021 as compared to Rs.1562.22 crores during the period ended March 31, 2021.

The company has posted net profit / (loss) of Rs.331.61 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.339.86 crores for the period ended March 31, 2021.

The company has reported EPS of Rs.73.53 for the period ended June 30, 2021 as compared to Rs.75.36 for the period ended March 31, 2021.

Financials	Q1 FY2021-22	Q4 FY20-21	% Change
Total Income	₹ 1726.63 crs	₹ 1562.22 crs	10.52%
Net Profit	₹ 331.61 crs	₹ 339.86 crs	-2.43%
EPS	₹ 73.53	₹ 75.36	-2.43%

Financial Results (Q1 FY 2021-22) - YoY Comparison

The company has reported total income of Rs.1726.63 crores during the period ended June 30, 2021 as compared to Rs.664.47 crores during the period ended June 30, 2020.

The company has posted net profit / (loss) of Rs.331.61 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.(131.31) crores for the period ended June 30, 2020.

The company has reported EPS of Rs.73.53 for the period ended June 30, 2021 as compared to Rs.(29.12) for the period ended June 30, 2020.

Financials	Q1 FY2021-22	Q1 FY2020-21	% Change
Total Income	₹ 1726.63 crs	₹ 664.47 crs	159.85%
Net Profit	₹ 331.61 crs	₹ (131.31) crs	352.54%
EPS	₹ 73.53	₹ (29.12)	352.51%

Shares of Tata Steel Long Products Ltd was last trading in BSE at Rs.1115 as compared to the previous close of Rs. 1098. The total number of shares traded during the day was 8684 in over 630 trades.

The stock hit an intraday high of Rs. 1140 and intraday low of 1090. The net turnover during the day was Rs. 9690668.

Source : Equity Bulls

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