Tata Steel has declared its audited outcome for the year closed on 31st March.
The company has reported a net gain of Rs.5, 201.74crore for the year closed on 31st March opposed to Rs.4, 687.03crore for the year closed on 31st March, last year, high with 10.98%. Sum income has risen from Rs.19, 933.83crore recorded in the economic year 2007-08 to Rs.24, 624.04crore for the economic year 2008-09, posting growth of 23.52%.
The group has registered a net gain of Rs.4, 950.90crore for the total economic year on combined basis opposed to Rs.12, 349.98crore in the 2008 economic year, low with 59.91%. Sum income has risen from Rs.132, 009.49crore for economic year to Rs.147, 594.93crore for the fiscal 2009, high with 11.80%.
The company’s board has suggested bonus of Rs.16 per equity share for the economic year closed on 31st March.