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Tata Sponge Iron standalone net profit rises 182.07% in the September 2016 quarter

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Capital Market
Last Updated : Oct 22 2016 | 12:02 AM IST

Sales decline 8.41% to Rs 138.03 crore

Net profit of Tata Sponge Iron rose 182.07% to Rs 16.05 crore in the quarter ended September 2016 as against Rs 5.69 crore during the previous quarter ended September 2015. Sales declined 8.41% to Rs 138.03 crore in the quarter ended September 2016 as against Rs 150.71 crore during the previous quarter ended September 2015. ParticularsQuarter EndedSep. 2016Sep. 2015% Var.Sales138.03150.71 -8 OPM %12.270.82 -PBDT25.639.81 161 PBT22.376.58 240 NP16.055.69 182

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First Published: Oct 21 2016 | 9:20 PM IST

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