Tata Metaliks Q3 results: Net profit falls 73% to Rs 9.48 crore

The company had posted a Rs 35.65 crore net profit in the year-ago period, according to a statement

December quarter results: Analysts expect tepid numbers
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Press Trust of India
Tata Metaliks Ltd (TML) on Tuesday reported a sharp fall of 73 per cent in its December quarter net profit at Rs 9.48 crore, on account of increased expenses.

The company had posted a Rs 35.65 crore net profit in the year-ago period, according to a statement.

Its total income rose to Rs 792.43 crore from Rs 693.12 crore during the October-December period of the previous year.

Total expenses increased to Rs 780.18 crore as against Rs 642.83 crore a year ago.

In a separate statement, Alok Krishna, Managing Director of Tata Metaliks, said: "Pig Iron business was adversely affected by weak health of

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Jan 17 2023 | 8:01 PM IST

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