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Tinplate Company of India Ltd Q1FY24; 97% fall in Profits

Tinplate Company of India Limited (TCIL) is a producer of tin coated and tin free steel sheets in India. It is a Subsidiary of Tata Steel Limited.

Financial Results:

Tinplate Company of India Ltd reported Revenues for Q1FY24 of ₹914.25 Crores down from ₹1,006.52 Crore year on year, a fall of 9.17%.

Total Expenses for Q1FY24 of ₹927.67 Crores up from ₹903.46 Crores year on year, a rise of 2.68%.

Consolidated Net Profit of ₹2.63 Crores down 96.91% from ₹84.98 Crores in the same quarter of the previous year.

The Earnings per Share is ₹0.25, down 96.92% from ₹8.12 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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