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Tata Steel's Consolidated Profit Rises in Fiscal Q1

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Tata Steel's (NSE:TATASTEEL, BOM:500470) consolidated attributable profit rose to 23.2 billion Indian rupees in the fiscal first quarter ended June 30 from 20.8 billion rupees a year ago.

Earnings per share came in at 1.86 rupees, up from 1.67 rupees a year earlier, according to a Thursday filing by the steel manufacturing giant.

Revenue from operations in fiscal Q2 increased to 607.9 billion rupees from 531.8 billion rupees a year ago.

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