Tata Steel posted a consolidated net profit of Rs 232 crore in its fiscal third quarter.
The steelmaker, which also has operations in Europe, had posted a consolidated net loss of Rs 2,748 crore in the year-ago quarter.
Revenue rose 14 per cent from a year earlier to Rs 29,392 crore for the three months to Dec. 31, the company said in a stock exchange filing.
Analysts, on average, had expected a net profit of Rs 174 crore, according to data compiled by Thomson Reuters.
($1 = Rs 67.4200)
© Thomson Reuters 2017
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