Tata Sponge Iron standalone net profit declines 68.26% in the December 2015 quarter

Sales decline 33.01% to Rs 138.78 crore

Net profit of Tata Sponge Iron declined 68.26% to Rs 5.24 crore in the quarter ended December 2015 as against Rs 16.51 crore during the previous quarter ended December 2014. Sales declined 33.01% to Rs 138.78 crore in the quarter ended December 2015 as against Rs 207.18 crore during the previous quarter ended December 2014. ParticularsQuarter EndedDec. 2015Dec. 2014% Var.Sales138.78207.18 -33 OPM %1.688.63 -PBDT10.0225.08 -60 PBT6.5922.06 -70 NP5.2416.51 -68

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