Tata Metaliks Q2 Results: Profit grows three-fold to Rs 44 crore
Tata Metaliks Q2 results: A subsidiary of Tata Steel, Tata Metaliks has its plant in Kharagpur, West Bengal. It has two major product offerings – Pig Iron (PI) and Ductile Iron Pipe (DIP).
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Tata Metaliks Q2 results: Tata Metaliks Ltd on Tuesday posted an over three-fold jump in net profit at Rs 44.16 crore for the quarter ended September 30, 2023, helped by reduced expenses.
It had clocked Rs 14.29 crore net profit in the July-September period a year ago, the company said in a regulatory filing.
Total income fell to Rs 758.05 crore from Rs 881.77 crore in the year-ago quarter.
Expenses declined to Rs 696.41 crore from Rs 861.64 crore in July-September 2022-23.
A subsidiary of Tata Steel, Tata Metaliks has its plant in Kharagpur, West Bengal. It has two major product offerings – Pig Iron (PI) and Ductile Iron Pipe (DIP).
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