Mumbai: Though Tata Steel’s European operations (Corus) reported a fall in profits due to higher raw material prices and lower deliveries, the seventh largest steel maker in the world reported an over two-fold jump (112 per cent rise) in its consolidated net profit to Rs 1,003.02 crore for the third quarter ended December 2010 against a profit of Rs 472.65 crore in the same period of the previous year.
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