MoneyWorks4Me

Tinplate Company of India reports 33% rise in Q3 net profit

17 Jan 2013 Evaluate

Tinplate Company of India has reported results for third quarter ended December 31, 2012.

The company has reported 32.86% rise in its net profit at Rs 11.16 crore for the quarter as compared to Rs 8.40 crore for the same quarter in the previous year. Total income of the company has increased by 63.61% at Rs 243.72 crore for quarter under review as compared to Rs 148.96 crore for the quarter ended December 31, 2011.

Tinplate Company of India 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.

Peers
Company Name CMP
JSW Steel 1280.00
Tata Steel 187.70
Steel Authority 184.80
Jindal Stainless 747.90
APL Apollo Tubes 2206.00
View more..