Tata Metaliks incorporated in 1990 as a subsidiary of Tata Steel, is one of India’s leading producers of high-quality Pig Iron (PI) and Ductile Iron Pipes (DIP).
Co. products find use in the water infrastructure industry and partly cast into PI for use in foundries.
Financial Results:
Tata Metaliks Ltd reported Revenues for Q1FY24 of ₹650.46 Crores down from ₹666.37 Crore year on year, a fall of 2.39%.
Total Expenses for Q1FY24 of ₹647.83 Crores down from ₹667.62 Crores year on year, a fall of 2.96%.
Consolidated Net Profit of ₹4.55 Crores up 272.95% from ₹1.22 Crores in the same quarter of the previous year.
The Earnings per Share is ₹1.44, up 269.23% from ₹0.39 in the same quarter of the previous year.
*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.