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India’s TCIL reports 93% reduction in net loss in Q2 FY 2023-24

Tuesday, 17 October 2023 09:36:06 (GMT+3)   |   Kolkata
       

Tinplate Company of India Limited (TCIL) has reported a net loss of INR 22.90 million ($0.27 million) during the second quarter (July-September) of the fiscal year 2023-24, 93.48 percent lower than the net loss recorded in the corresponding quarter of the previous fiscal year, according to a company regulatory filing on Tuesday, October 17.

The company reported total sales revenues of INR 9.6 billion ($115.37 million) during the quarter, a decline of 1.22 percent over the corresponding quarter of the previous fiscal year.


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