Tata Metaliks, a subsidiary of Tata Steel, today said its profit increased by about 41 per cent to Rs 53.96 crore for the quarter ended March of 2017-18.
The company's total comprehensive income in the corresponding quarter of the previous fiscal stood at Rs 38.3 crore, the firm said in a BSE filing.
The total income of the company increased to Rs 555.4 crore during the quarter as compared to Rs 415.54 crore in the same period of the previous fiscal.
The company's stock settled at Rs 854 apiece, up 0.68 per cent, on the BSE today.