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). The Company 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 Q2FY24 of ₹755.00 Crores down from ₹877.00 Crore year on year, a fall of 13.91%.
Total Expenses for Q2FY24 of ₹697.00 Crores down from ₹862.00 Crores year on year, a fall of 19.14%.
Consolidated Net Profit of ₹44.00 Crores up 214.29% from ₹14.00 Crores in the same quarter of the previous year.
The Earnings per Share is ₹13.98, up 208.61% from ₹4.53 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.
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