Tata Metaliks Oct-Dec net profit rises 64% on year to Rs 75. crore

Tata Metaliks Ltd's net profit for the December quarter surged 63.8% on-year to 751.8 mln rupees. Revenue from operations for the quarter rose 1.5% to 5.26 bln rupees. Sequentially, the net profit fell 8.3%, while revenue rose 1.3%. The company's other income fell to 21 mln rupees from 30.8 mln rupees year ago. In Oct-Dec, total expenditure, including finance cost, was at 4.19 bln rupees compared with 4.66 bln rupees a year ago.