Tata Metaliks reports 74% fall in Q2 net profit

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

18 Oct 2022 Evaluate

Tata Metaliks has reported results for second quarter ended September 30, 2022.

The company has reported a fall of 73.93% in its net profit at Rs 14.29 crore for the quarter under review as compared to Rs 54.82 crore for the same quarter in the previous year. However, total income of the company increased by 36.08% at Rs 881.77 crore for Q2FY23 as compared Rs 647.96 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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