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Tata Metaliks standalone net profit declines 50.79% in the September 2019 quarter

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Capital Market

Sales decline 6.58% to Rs 511.38 crore

Net profit of Tata Metaliks declined 50.79% to Rs 23.39 crore in the quarter ended September 2019 as against Rs 47.53 crore during the previous quarter ended September 2018. Sales declined 6.58% to Rs 511.38 crore in the quarter ended September 2019 as against Rs 547.40 crore during the previous quarter ended September 2018. ParticularsQuarter EndedSep. 2019Sep. 2018% Var.Sales511.38547.40 -7 OPM %7.9915.61 -PBDT38.8876.51 -49 PBT22.7563.02 -64 NP23.3947.53 -51

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First Published: Oct 30 2019 | 10:59 AM IST

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