Tata Sponge Iron consolidated net profit rises 228.17% in the December 2017 quarter

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Capital Market
Last Updated : Jan 17 2018 | 5:04 PM IST

Sales rise 49.44% to Rs 214.47 crore

Net profit of Tata Sponge Iron rose 228.17% to Rs 36.00 crore in the quarter ended December 2017 as against Rs 10.97 crore during the previous quarter ended December 2016. Sales rose 49.44% to Rs 214.47 crore in the quarter ended December 2017 as against Rs 143.52 crore during the previous quarter ended December 2016. ParticularsQuarter EndedDec. 2017Dec. 2016% Var.Sales214.47143.52 49 OPM %22.437.50 -PBDT57.4318.50 210 PBT54.3415.26 256 NP36.0010.97 228

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First Published: Jan 17 2018 | 4:44 PM IST