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TATASTEEL-RESULTS/
RTR1PSIN
May 17, 2007
B. Muthuraman (C),managing director of Tata Steel Ltd., and other officials of the company are reflected...
Mumbai, India
Muthuraman and other officials of the company are reflected onto a mirror as they present the company's...
B. Muthuraman (C),managing director of Tata Steel Ltd., and other officials of the company are reflected onto a mirror as they present 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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