Tata Steel Q4 revenue falls 40% | Key takeaways
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Tata Steel reported a net loss of Rs 1,095.68 crore for the quarter ended March 31. The company had reported a net profit of Rs 2,430.92 crore in the corresponding quarter last year. Its revenues declined 20.40 per cent to Rs 33,769.95 crore in Q4FY20 over Rs 42,423.86 crore in Q4FY19. In an exclusive conversation with ET Now, T. V. Narendran, CEO and Managing Director of Tata Steel speaks on the fall in revenue and also highlights the keytakeaways from the concall. "It was unfortunate that we had to deal with the pandemic at this point of time", he said. He also spoke on how Korea and Japan are a major threat for the company and not China. Listen to know more details. Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com
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