New Delhi, Jan. 27 -- Tata Group-owned Indian steel manufacturing giant Tata Steel announced its October to December quarter results on Monday, January 27. The company's net profit for the third quarter dropped 43 per cent to Rs.295.49 crore, compared year-on-year (YoY) with Rs.522.14 crore in the same period a year ago, according to the consolidated statements.

Tata Steel Ltd shares closed 2.77 per cent lower at Rs.126.40, compared to Rs.130 at the previous stock market session on Friday. The company released the third-quarter results after market operating hours on January 27.

Shares hit their 52-week high level at Rs.184.60 on June 18, 2024, while the 52-week low level was at Rs.122.60 on January 13, 2025, according to data collected...