Tata Steel Q3 net loss jumps by 26.5%

  • Sunday, February 17, 2013
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  • Keywords:Tata Steel Q3 net loss
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Shares of Tata Steel fell to their lowest level since November 26, 2012 in early trade on February 14 after its third quarter results turned out to be weaker than expected.
 
The company reported a net loss of Rs 763 crore for the quarter ended December 2012 compared to Rs 603 crore in the corresponding quarter a year ago on the back of poor demand in the European market due to economic slowdown.
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