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Tinplate Company of India Ltd Q2FY24; 2% fall in Revenue

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. The company is the 1st Domestic Tinplate manufacturer of India.

Financial Results:

Tinplate Company of India Ltd reported Revenues for Q2FY24 of ₹941.79 Crores down from ₹959.54 Crore year on year, a fall of 1.85%.

Total Expenses for Q2FY24 of ₹963.07 Crores down from ₹1,018.27 Crores year on year, a fall of 5.42%.

Consolidated Net Profit of -₹2.29 Crores from -₹35.10 Crores in the same quarter of the previous year.

The Earnings per Share is -₹0.22, from -₹3.35 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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