FY 19 Q3 Earnings " Tata Metaliks "

in #steemit5 years ago

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The company Q3 profit decrease 1.8% on YOY basis to Rs 40 cr.

The revenue of the company came at Rs 546 cr.

A robust order pipeline & demand from saw the company record its highest quarterly sales.

The management of the company said that," The company has been able to keep its operating margin at around 14%. He added that Q4 of any year is usually the best quarter for DI pipe business when most of water and sanitation projects have necessary funds that need to be utilized within the financial year."