Thursday, September 2, 2010

TCIL earnings plummet by 51pct for June quarter - 160985 - 2010-08-18

Steel Guru: "Tinplate Company of India reported a phenomenon drop in standalone net profit for the quarter ended June 2010. During the quarter, the profit of the company declined 50.80% to INR 107.75 million from INR 219.01 million in the same quarter last year.

Net sales for the quarter for the quarter rose 20.02% to INR 2,344.39 million while total income for the quarter rose 20.26% to INR 2,374.67 million when compared with the prior year period."

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