The company's revenue jumped to Rs602.97cr in Q1FY22 from Rs209.94cr in Q1FY21. Expenses were at Rs471.62cr during the quarter under review, up from Rs227.46cr a year ago.
Tata Metaliks has manufacturing facilities at Kharagpur, West Bengal, which produces pig iron and DI pipes.
“The company’s production and sales were impacted during the quarter due to government imposed lockdown to contain the spread of second wave of Covid-19. The company’s operations have gradually come to pre-Covid level after ease in restrictions. The company continues to be vigilant due to reintroduction of restrictions in some states due to resurgence of Covid-19 cases,” the company said in a filing on Tuesday.