Tata
Metaliks
Times
of India August 6, 2001
Kolkata:
Tata Metaliks Limited posted a 122 per cent jump
in net profit to rs.3.78 crore during the first
quarter of the current fiscal over Rs.1.72 crore
in the corresponding period last year. The total
sales of the company increased by 26 per cent
to Rs. 30.71 crore during the period against Rs.24
crore last year. The huge increase in net profit
was mainly due to a significant fall in interest
burden which decline from rs. 79 lakh to Rs. 49
lakh in Q1 this year.
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