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Tata Metaliks Q2 Results: Net profit grows three-fold to ₹44 crore on lower expenses
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₹44.16 crore for the quarter ended September 30, 2023, helped by reduced expenses. It had clocked ₹14.29 crore net profit in July-September period a year ago, the company said in a regulatory filing.
Total income fell to ₹758.05 crore from ₹881.77 crore in the year-ago quarter. Expenses declined to ₹696.41 crore from ₹861.64 crore in July-September 2022-23.
A subsidiary of Tata Steel, Tata Metaliks has its plant at Kharagpur, West Bengal. It has two major product offerings – Pig Iron (PI) and Ductile Iron Pipe (DIP)."Exciting news! Mint is now on WhatsApp Channels
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