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Tata Metaliks reports 5% rise in Q4 net profit

Tata Metaliks has reported results for the fourth quarter and year ended March 31, 2017.

The company has reported a rise of 5.08% in its net profit at Rs 40.36 crore for the quarter ended March 31, 2017 as compared to Rs 38.41 crore for the same quarter in the previous year. Total income from operations of the company increased by 9.22% at Rs 414.96 crore for quarter under review as compared to Rs 379.93 crore for the quarter ended March 31, 2016.

For the year ended March 31, 2017, the company has reported a rise of 3.37% in its net profit at Rs 116.05 crore as compared to Rs 112.27 crore for the same period in the previous year. Total income from operations of the company increased marginally by 1.43% at Rs 1410.09 crore for year under review as compared to Rs 1390.21 crore for the period ended March 31, 2016.

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