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Mumbai: Tata Steel, India’s biggest steel producer has reported a
mild growth of 8.11 percent in its net profit for the three months
period ended September 30, 2007, on the back of advanced metal sales
and forex gains.

The company’s net profit during the second quarter stood at Rs
1,190.83 crore, as against Rs 1,101.49 crore in the same quarter of
last fiscal.

The company has recorded 14.31% increase in its quarterly net sales
to Rs 47,850.90 million from Rs 41,857.50 million in the corresponding
quarter, a year ago.

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