February 9, 2018 / 10:23 AM / 3 months ago

BRIEF-India's Tata Steel Consol Profit Up Over Five Fold

Feb 9 (Reuters) - Tata Steel Ltd:

* CONSOL PROFIT 12.94 BILLION RUPEES VERSUS PROFIT OF 2.43 BILLION RUPEES LAST YEAR

* CONSENSUS FORECAST FOR DEC QUARTER CONSOL NET PROFIT WAS 13.92 BILLION RUPEES

* DEC QUARTER CONSOL TOTAL REVENUE FROM OPERATIONS 334.47 BILLION RUPEES VERSUS 290.25 BILLION RUPEES LAST YEAR

* SAYS DEC-QUARTER EXCEPTIONAL ITEM 11.16 BILLION RUPEES

* EXCEPTIONAL ITEM REPRESENTS PROVISION RECOGNISED WITH REGARD TO CERTAIN DEMANDS, CLAIMS FROM REGULATORS RELATING TO INDIA OPERATIONS

* EXPECTS TO RESTART FURNACE AT KALINGANAGAR PLANT IN NEXT 7 TO 10 DAYS Source text for Eikon: Further company coverage:

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