The companys profit before tax in Q4 FY22 stood at Rs 152.13 crore, up by 104.26% from Rs 74.48 crore posted in Q4 FY21. Total expenses spiked nearly 58% to Rs 1,086.22 crore in Q4 FY22 over Q4 FY21.
On a full year basis, the Tata Group Company reported a 259.57% increase in net profit to Rs 352.91 crore on an 83.47% rise in net sales to Rs 3,861.48 crore in FY22 over FY21.
The companys board has recommended a dividend of Rs 4 per equity share to the shareholders of the company for the year ended 31 March 2022.
Tinplate Company of India (TCIL) is a subsidiary of Tata Steel, which has a 74.96% stake in it. TCIL is Indias leading tinplate producer.
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