Sales rise 19.08% to Rs 167.17 crore
Net profit of Tata Sponge Iron rose 62.08% to Rs 21.20 crore in the quarter ended March 2017 as against Rs 13.08 crore during the previous quarter ended March 2016. Sales rose 19.08% to Rs 167.17 crore in the quarter ended March 2017 as against Rs 140.39 crore during the previous quarter ended March 2016.For the full year,net profit rose 84.00% to Rs 58.77 crore in the year ended March 2017 as against Rs 31.94 crore during the previous year ended March 2016. Sales declined 2.83% to Rs 557.31 crore in the year ended March 2017 as against Rs 573.53 crore during the previous year ended March 2016.
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