Tata Steel's Q1 net profit jumps 12% to Rs 2,318 crore, revenue up 14% on strong steel prices- Moneycontrol.com

•Tata Steel's Q1 net profit rose 12% to Rs 2,318 crore, driven by strong steel prices.

•The company's total revenue increased 14.32% to Rs 60,794.29 crore in the reported quarter.

•Tata Steel's board approved a 4.8 MTPA expansion at Neelachal Ispat Nigam Ltd, with estimated capital expenditure of Rs 33,873 crore.