Tata Metaliks reports 64% rise in Q3 net profit

Tata Metaliks Ltd. - (Amalgamated) | Steel/Sponge Iron/Pig Iron | Metals & Mining | BSE: 513434 | NSE: TATAMETALI

19 Jan 2021 Evaluate

Tata Metaliks has reported results for third quarter ended December 31, 2020.

The company has reported 63.76% rise in its net profit at Rs 75.18 crore for the quarter under review as compared to net profit of Rs 45.91 crore for the same quarter in the previous year. Total income of the company increased by 1.27% at Rs 528.33 crore for Q3FY21 as compared Rs 521.70 crore for the corresponding quarter previous year.

Tata Metaliks is engaged in manufacturing of pig iron, casting, iron ore fines, coke breeze and limestone. It is a leading pig iron manufacturer and seller in India.

Peers

Company Name	CMP
Jindal Steel	1173.00
Lloyds Metals&Energy	1892.15
Jai Balaji Inds	66.98
Steel Exchange India	12.03
KIC Metaliks	31.65
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