Tata Metaliks expect a significant jump in volumes and profitability in H2: MD
"The governments 15% export duty on pig iron and steel meant we had to pay roughly Rs 10,000 per ton and between 22nd of May and June if we sold about 40,000 tons, that took out Rs 40 crore from the EBITDA. Also, we had all our shutdowns in Q1 and that took out another Rs 30 crore odd. We had an impact of about Rs 70 crore. It is a one-off thing and would not normally have happened.”