Tata Steel bounces back with Rs 833 crore net profit in Q2
The company’s revenue from operations in the quarter fell 3 per cent year-on-year to Rs 53,905 crore.
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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