Tata Sponge Iron consolidated net profit rises 181.75% in the September 2016 quarter

Sales decline 8.41% to Rs 138.03 crore

Net profit of Tata Sponge Iron rose 181.75% to Rs 16.06 crore in the quarter ended September 2016 as against Rs 5.70 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 -PBDT25.649.82 161 PBT22.386.59 240 NP16.065.70 182

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