The company posted a net profit of ₹2,007 crore, significantly beating the CNBC-TV18 poll estimate of ₹1,765 crore and more than doubling its profit from ₹918.6 crore in the same quarter last year. This strong performance highlights Tata Steel’s robust operational efficiency and strategic execution. Shares of Tata Steel Ltd ended at ₹161.35, down by ₹0.35 or 0.22% on the BSE.
