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Tinplate Company of India reports 22% rise in Q3 net profit

16 Jan 2019 Evaluate

Tinplate Company of India has reported results for third quarter ended December 31, 2018.

The company has reported a rise of 21.50% in its net profit at Rs 15.54 crore for the quarter under review as compared to Rs 12.79 crore for the same quarter in the previous year. Total income of the company increased by 15.44% at Rs 635.61 crore for Q3FY19 as compared Rs 550.60 crore for the corresponding quarter previous year.

Tinplate Company of India is the largest indigenous producer of tin coated and tin free steel sheets in India. TCIL is the only indigenous manufacturer of value-added Tinplate and TFS for processed food, battery, dairy product, beverage and soft drink crown caps in both single reduced and double reduced forms.

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