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Tata Metaliks profit rises 17.7 pc to Rs 64 cr in Jan-Mar

Press Trust of India  |  New Delhi 

Tata Metaliks Ltd, a and supplier, said Monday its net profit rose by 17.74 per cent to Rs 64.35 crore during the quarter ended March 31, 2019.

The company had posted a net profit of Rs 54.65 crore in the year-ago quarter, said in a BSE filing.

Its total income rose over 7 per cent to Rs 596.62 crore in the January-March quarter of 2018-19 compared to Rs 555.77 crore in the corresponding quarter of the previous fiscal, it said.

Total expenses were at Rs 539.78 crore in the quarter under review against Rs 489.44 crore in March quarter of 2017-18.

A subsidiary of domestic Tata Steel, Tata Metaliks, has a at Kharagpur, West Bengal, where pig iron and ductile iron pipes are produced.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, April 15 2019. 20:35 IST