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Indian TSLP reported a net loss for the second quarter of FY 23-24

Tata Steel Long Products (TSLP) posted a net loss of USD 3.15 million for the second quarter (July-September) of FY2023-24.

Indian TSLP reported a net loss for the second quarter of FY 23-24

This represents an 83.2 per cent increase in loss compared to the previous quarter, but a 32.2 per cent decrease in loss compared to the same quarter last year.

During this period, TSLP's total revenue totalled US$21.64 million. This figure reflects a decrease of 17.3% compared to the previous quarter, but a remarkable 56.5% increase compared to the same quarter last year.

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