MUMBAI May 16 India's Tata Steel Ltd
reported a fourth-quarter net loss of 11.68 billion Indian
rupees ($182.4 million) on Tuesday after one-off items including
non-cash pension curtailment charges.
That compared with a net loss of 30.42 billion rupees in the
same quarter a year ago.
Before exceptional items, consolidated net profit from
continuing operations was 33.52 billion rupees for the three
months to March 31, Tata Steel said in a statement, compared
with a loss of 4.53 billion rupees a year earlier.
Consolidated revenue for the quarter rose about 30 percent
from a year earlier to 350.05 billion rupees.
($1 = 64.0450 Indian rupees)
(Reporting by Promit Mukherjee; editing by David Clarke)