Q2 Results: Deferred Tax Gain Masks Tata Steel’s Business Pain
An employee passes rolls of steel in storage. (Photographer: Krisztian Bocsi/Bloomberg) 

Q2 Results: Deferred Tax Gain Masks Tata Steel’s Business Pain

Tata Steel Ltd.’s quarterly profit rose more than expected due to a one-time tax gain. Still, its revenue and operating profit hit multi-quarter lows as steel prices fell and costs rose.Net profit ...
BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.