Tata Steel Long Products Limited reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was INR 29,476 million compared to INR 18,691.8 million a year ago. Revenue was INR 30,054.6 million compared to INR 19,210.1 million a year ago. Net loss was INR 4,381.1 million compared to INR 6,462.2 million a year ago. Basic loss per share from continuing operations was INR 97.14 compared to INR 143.29 a year ago. Diluted loss per share from continuing operations was INR 97.14 compared to INR 143.29 a year ago.
For the six months, sales was INR 65,158.4 million compared to INR 38,634.3 million a year ago. Revenue was INR 66,377.3 million compared to INR 40,757.9 million a year ago. Net loss was INR 6,772.7 million compared to INR 9,773.1 million a year ago. Basic loss per share from continuing operations was INR 150.17 compared to INR 216.7 a year ago. Diluted loss per share from continuing operations was INR 150.17 compared to INR 216.7 a year ago.