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Tata Steel Q1 results preview: Firm may report over Rs 2,000 crore net loss

EconomicTimes - Tata Steel is likely to post a consolidated loss of over Rs 2,000 crore in the June quarter due to sharp reduction in realisation in the India business and lower volume at all business segments.

Edelweiss Securities believes the metal major may report a net loss of Rs 2,393 crore on 34.50 per cent fall in top line. The brokerage firm also sees a steep 96 per cent YoY dip in EBITDA in Q1FY21.

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