Tata Sponge Iron standalone net profit declines 83.99% in the June 2015 quarter

Sales decline 26.58% to Rs 141.93 crore

Net profit of Tata Sponge Iron declined 83.99% to Rs 7.09 crore in the quarter ended June 2015 as against Rs 44.28 crore during the previous quarter ended June 2014. Sales declined 26.58% to Rs 141.93 crore in the quarter ended June 2015 as against Rs 193.30 crore during the previous quarter ended June 2014. ParticularsQuarter EndedJun. 2015Jun. 2014% Var.Sales141.93193.30 -27 OPM %2.8330.03 -PBDT12.8267.68 -81 PBT9.6464.92 -85 NP7.0944.28 -84

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