Sales decline 30.00% to Rs 159.85 crore
Net profit of Tata Sponge Iron declined 78.83% to Rs 8.57 crore in the quarter ended March 2015 as against Rs 40.48 crore during the previous quarter ended March 2014. Sales declined 30.00% to Rs 159.85 crore in the quarter ended March 2015 as against Rs 228.36 crore during the previous quarter ended March 2014.For the full year,net profit declined 9.17% to Rs 91.89 crore in the year ended March 2015 as against Rs 101.17 crore during the previous year ended March 2014. Sales rose 0.46% to Rs 766.23 crore in the year ended March 2015 as against Rs 762.72 crore during the previous year ended March 2014.
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