Tata Metaliks Q1FY24 Results: Consolidated PAT of Rs. 4.55 Cr

Tata Metaliks Q1FY24 Results: Consolidated PAT of Rs. 4.55 Cr

Tata Metaliks Q1 results show revenue fell from 929.66 crores to 653.94 crores, a -29.66% decrease in growth. EPS down from ₹17.59 to ₹1.44, down by -91.81%.

First, Let’s Begin with Quarter-on-Quarter Basis:

Tata Metaliks shared its Q1 results on Thursday. They earned 653.94 crores in revenue this quarter, but that’s less than the 929.66 crores they made last quarter. Unfortunately, the company’s growth decreased by -29.66 percent when comparing the two quarters.

In terms of profits, the company’s PAT (Profit After Tax) for this quarter was 4.55 crores, down from 55.56 crores in the previous quarter. Their quarter-to-quarter growth decreased by -91.81 percent.

The company’s EPS (Earnings Per Share) this quarter is ₹1.44, which is a decrease of -91.81% from the ₹17.59 EPS in the previous quarter.

Now, Let’s Analyze the Results on a Year-over-Year Basis:

The company made a total revenue of 653.94 crores this year (2023), which is -2.30 percent lower than last year’s total revenue of 669.35 crores.

This year’s PAT (Profit After Tax) is 4.55 crores, which is also 272.95% higher than last year’s PAT of 1.22 crores.

The EPS (Earnings Per Share) for this year is ₹1.44, which is 269.23% more than the EPS of ₹0.39 earned last year.

Also Read: Angel One Q1FY24 Results: Consolidated PAT Down at Rs. 220.8 Cr

Tata Metaliks Share Dividend Announcement / Record Date:

The record date for the dividend has not arrived yet.

About Tata Metaliks :

Tata Metaliks, established in 1990, specializes in the production of pig iron, casting, iron ore fines, coke breeze, and limestone. The company is backed by Tata Steel, formerly known as The Tata Iron and Steel Company.

Download the Full PDF of Tata Metaliks Q1 Results: Click Here

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