According to a Reuters analyst poll, the metals major is likely to report revenues of Rs 24,815.2 crore as against Rs 24,361 crore quarter-on-quarter, a marginal rise of two percent.
Profit during this quarter may be lower due to an impairment loss of Rs 1,800 crore after the Supreme Court ordered closure of its Goa iron-ore mining operations. During the corresponding quarter of last year, the firm had reported a profit of Rs 2,971 crore, while its revenue was Rs 22,371 crore.
Profit during this quarter may be lower due to an impairment loss of Rs 1,800 crore after the Supreme Court ordered closure of its Goa iron-ore mining operations. During the corresponding quarter of last year, the firm had reported a profit of Rs 2,971 crore, while its revenue was Rs 22,371 crore.
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