Tata Metaliks' pig iron, known as "Tata eFee", and ductile iron pipes, known by the brand "Tata Ductura", produced at the state-of-the-art manufacturing facilities. KOLKATA: Tata Metaliks Limited (TML), posted a 25% increase in net profit to Rs 34.44 crore in Q1FY17 against a net of Rs 27.43 crore in same period last year. While pig iron is used as raw material for manufacture of industrial castings by foundries. The newly commissioned facility will also increase the volume of smaller diameter pipes which offers a higher realisation in the market, the company said in a statement on Saturday.The company, through its 100% subsidiary, Tata Metaliks DI Pipes Limited, is one of the leading manufacturers of Ductile Iron Pipes used for conveyance of water and sewage. As part of the hike in production capacity, the company has added a fifth casting machine and a third finishing line that will increase the volume of DI pipes by 50% on a fully ramped up capacity.The new finishing line of the DI pipe plant was commissioned by Koushik Chatterjee, Group Executive Director, Tata Steel and Chairman, Tata Metaliks Limited.

Source: Economic Times July 23, 2016 11:14 UTC