Tata Metaliks Q3 FY10 Results : Turnaround

by khalid on 16/01/2010 · 0 comments

Tata Metaliks Limited. is engaged in to manufacture foundry grade pig iron, DI pipes and castings. The company has posted a turnaround in net profit for the period Q3 (ending Dec 09) of the current fiscal (FY10). During the said quarter, net profit of the company has come to Rs 20.34 crores in comparison to the Rs 218.31 crores loss of Q3 (ending Dec 08) of previous year(FY09).

The company informed the market that the net sales increased 58.04% to Rs 275.48 crores in Q3 FY10 when compared with the same quarter Q3 FY09 of previous year. Net sales was Rs 174.31 crores in last year’s quarter.

Share’s Data :
BSE Code : 513434
Mkt. Cap: Rs 411 Crores
P/E: -2.73
EPS: -58.81
Face Value : Rs 10
Last Dividend : 70% in April 2008
52 Week H/L : Rs 700.00 / 210.00
Tata Metaliks Limited. share’s CMP is Rs 162.65 on 15th Jan 2010.

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