Tata Metaliks: Performance likely to improve, going ahead – 19 Jan 2023

Tata Metaliks (TML) is a subsidiary of Tata Steel and has manufacturing facilities in West Bengal, which produces pig iron and ductile iron (DI) pipes. Operational problems with one of the blast furnaces, which frequently shut down, had a negative effect on Tata Metalik's (TML's) Q3FY23 performance and raised operating expenses. TML’s revenue was at 790 Cr, up 15% YoY but down 10% QoQ.

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