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TATASTEEL-RESULTS/
RTR1PSI2
May 17, 2007
B. Muthuraman,managing director of India's Tata Steel Ltd., presents the company's quarterly results...
Mumbai, India
Muthuraman,managing director of India's Tata Steel Ltd., presents the company's quarterly results in...
B. Muthuraman,managing director of India's Tata Steel Ltd., presents the company's quarterly results in Mumbai May 17, 2007.India's Tata Steel Ltd. said on Thursday its quarterly net profit rose 41 percent on higher steel prices, but the result lagged analysts' forecasts. Tata Steel, which bought Anglo-Dutch firm Corus Group for $12.9 billion earlier this year, said standalone net profit for the January-March quarter rose to 11.04 billion rupees ($270.6 million) from 7.83 billion rupees reported a year earlier. REUTERS/Arko Datta (INDIA)
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