Tata Sponge Iron net profit declines 28.87% in the September 2013 quarter

Sales decline 4.36% to Rs 180.29 crore

Net profit of Tata Sponge Iron declined 28.87% to Rs 18.33 crore in the quarter ended September 2013 as against Rs 25.77 crore during the previous quarter ended September 2012. Sales declined 4.36% to Rs 180.29 crore in the quarter ended September 2013 as against Rs 188.50 crore during the previous quarter ended September 2012. ParticularsQuarter EndedSep. 2013Sep. 2012% Var.Sales180.29188.50 -4 OPM %12.1717.25 -PBDT31.0141.55 -25 PBT26.5337.08 -28 NP18.3325.77 -29

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