TATA IRON AND STEEL PRE-TAX FALLS 37 PCT Year to March 31, 1987 Share 106 rupees vs 130 Pre-tax profit 995.2 mln rupees vs 1.57 billion Net profit 875.2 mln vs 1.07 billion Sales 14.16 billion vs 12.85 billion Dividend 25 pct vs same Tax 120 mln vs 500 mln Note - Full company name is Tata Iron and Steel Co Ltd <TATA.BO>. Dividend is payable to shareholders on Aug 12.