{"id":100278,"date":"2024-01-24T19:42:43","date_gmt":"2024-01-24T14:12:43","guid":{"rendered":"http:\/\/finservwealth.com\/tata-steel-swings-to-profit-in-q3-on-strong-india-demand-misses-estimates\/"},"modified":"2024-01-24T19:42:43","modified_gmt":"2024-01-24T14:12:43","slug":"tata-steel-swings-to-profit-in-q3-on-strong-india-demand-misses-estimates","status":"publish","type":"post","link":"https:\/\/finservwealth.com\/hi\/tata-steel-swings-to-profit-in-q3-on-strong-india-demand-misses-estimates\/","title":{"rendered":"Tata Steel swings to profit in Q3 on strong India demand, misses estimates"},"content":{"rendered":"<p> The company had reported net loss of Rs 6.511.16 crore in the second quarter due to impairment charges. Meanwhile, huge spending on infrastructure pushed up steel prices, benefitting steelmakers. However, higher coking coal costs have weighed on the gains.<\/p><div id=\"finse-844252467\" class=\"finse-content finse-entity-placement\"><script async src=\"\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-9118214110898834\" crossorigin=\"anonymous\"><\/script><ins class=\"adsbygoogle\" style=\"display:block;\" data-ad-client=\"ca-pub-9118214110898834\" \ndata-ad-slot=\"\" \ndata-ad-format=\"auto\"><\/ins>\n<script> \n(adsbygoogle = window.adsbygoogle || []).push({}); \n<\/script>\n<\/div>\n<p><a href=\"https:\/\/www.moneycontrol.com\/news\/results\/tata-steel-swings-to-profitq3strong-india-demand-misses-estimates_17414281.html\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>\n<p>\u200b\u00a0The company had reported net loss of Rs 6.511.16 crore in the second quarter due to impairment charges. Meanwhile, huge spending on infrastructure pushed up steel prices, benefitting steelmakers. However, higher coking coal costs have weighed on the gains. The company had reported net loss of Rs 6.511.16 crore in the second quarter due to impairment charges. Meanwhile, huge spending on infrastructure pushed up steel prices, benefitting steelmakers. However, higher coking coal costs have weighed on the gains.\u00a0\u00a0Moneycontrol Latest News\u00a0<a href=\"https:\/\/www.moneycontrol.com\/news\/results\/tata-steel-swings-to-profitq3strong-india-demand-misses-estimates_17414281.html\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a>\u00a0\u00a0<\/p>","protected":false},"excerpt":{"rendered":"<p><!-- wp:html --><\/p>\n<p> The company had reported net loss of Rs 6.511.16 crore in the second quarter due to impairment charges. Meanwhile, huge spending on infrastructure pushed up steel prices, benefitting steelmakers. However, higher coking coal costs have weighed on the gains.<\/p>\n<p><a href=\"https:\/\/www.moneycontrol.com\/news\/results\/tata-steel-swings-to-profitq3strong-india-demand-misses-estimates_17414281.html\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>\n<p>\u200b\u00a0The company had reported net loss of Rs 6.511.16 crore in the second quarter due to impairment charges. Meanwhile, huge spending on infrastructure pushed up steel prices, benefitting steelmakers. However, higher coking coal costs have weighed on the gains. The company had reported net loss of Rs 6.511.16 crore in the second quarter due to impairment charges. Meanwhile, huge spending on infrastructure pushed up steel prices, benefitting steelmakers. However, higher coking coal costs have weighed on the gains.\u00a0\u00a0Moneycontrol Latest News\u00a0<a href=\"https:\/\/www.moneycontrol.com\/news\/results\/tata-steel-swings-to-profitq3strong-india-demand-misses-estimates_17414281.html\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a>\u00a0\u00a0<\/p>\n<p><!-- \/wp:html --> The company had reported net loss of Rs 6.511.16 crore in the second quarter due to impairment charges. Meanwhile, huge spending on infrastructure pushed up steel prices, benefitting steelmakers. However, higher coking coal costs have weighed on the gains.<\/p>","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"","neve_meta_content_width":0,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","_themeisle_gutenberg_block_has_review":false,"footnotes":""},"categories":[70],"tags":[],"class_list":["post-100278","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-news"],"jetpack_featured_media_url":"https:\/\/www.moneycontrol.com\/news_image_files\/2023\/200x200\/T\/Tata-Steel_200.jpg","_links":{"self":[{"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/posts\/100278","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/comments?post=100278"}],"version-history":[{"count":0,"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/posts\/100278\/revisions"}],"wp:attachment":[{"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/media?parent=100278"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/categories?post=100278"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/tags?post=100278"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}