Tata Steel Q1 net profit jumps 75 per cent to Rs 960 crore
The company's revenue from operations during the first quarter declined 8 per cent year-on-year to Rs 54,771 crore compared to Rs 59,490 crore in the same period last year.
Tata Steel said on Monday that it has increased its daily oxygen supply limit to 600 tonne a day to health centres for the treatment of COVID-19 patients.
On the directions of the steel ministry, steel plants in the country are supplying liquid medical oxygen (LMO) to various states amid rising demand for the gas.
In a tweet, Tata Steel said, “#TataSteel has increased supplies of liquid medical oxygen to 500-600 tonnes per day with increased logistics support. We are closely working with GoI (Government of India) and states to augment the availability and save lives.”
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In our continued #FightAgainstCovid #TataSteel has increased supplies of Liquid Medical Oxygen to 500-600 tons per day with increased logistics support. We are closely working with GoI and States to augment the availability and save lives. @PMOIndia @TataCompanies
— Tata Steel (@TataSteelLtd) April 26, 2021
Last week, a Tata Steel spokesperson had said the company was supplying 300 tonne of LMO daily to various states.
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