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Tata Steel Q1 sales up 26% at 2.1 MT

NEW DELHI: Tata SteelBSE 1.76 % on Wednesday reported over 26% jump in sales at 2.005 million tonnes (MT) in the first quarter of this fiscal ended June 30. The steelmaker had sold 1.585 MT during the April-June quarter of previous fiscal and 2.279 MT during the January-March 2013 period, it said in a statement. Production of saleable steel of the company also rose by 23 per cent to touch at 2.145 MT during the April-June period of the current fiscal from 1.740 MT a year ago.