MUMBAI (Reuters) - Tata Steel Ltd
Tata Steel, also the second-largest steel producer in Europe, posted a net profit of 5 billion rupees (48 million pounds) for the December-ending quarter, compared to a net loss of 7.89 billion rupees a year ago.
Net sales rose 14 percent to 364.1 billion rupees.
Analysts had expected a profit of 7.51 billion rupees on revenue of 336.52 billion rupees, according to data from Thomson Reuters StarMine.
(Reporting by Prashant Mehra; Editing by Aradhana Aravindan)