Tata Steel's net earnings fell in the March quarter, making headlines today.

Tata Steel's stock closed 0.37% lower at Rs 174.20 on the BSE in the previous session. Tata Steel's stock opened flat at Rs 174.85 on the BSE. The firm's market capitalization stood at Rs 2.17 lakh crore. Tata Steel shares are under spotlight today as the Tata Group company reported a 64% drop in fourth-quarter earnings to Rs 611.48 crore. The company generated a net profit of Rs 1,704.86 crore in the same period last year. Net profit decreased as reduced steel realisations and poor performance in the steelmaker's international businesses were included into the earnings. In Q4, consolidated income from operations declined 6.7 percent to Rs 58,687.3 crore, down from Rs 62,961.5 crore the previous year, according to a regulatory filing. On a sequential basis, consolidated revenue from operations increased by 6% from Rs 55,311.88 crore the previous quarter, while net profit improved by 19%. Tata Steel's stock closed 0.37% lower at Rs 174.20 on the BSE in the previous session. Ta