The company had posted a profit of Rs 16.05 crore in the corresponding quarter of previous fiscal, Tata Sponge Iron Ltd said in a BSE filing.
The firm's total income also rose to Rs 176.65 crore in July-September quarter from Rs 162.80 crore in the year-ago period.
Total expenses of the company were lower at Rs 135.98 crore in the quarter under review, as against Rs 140.43 crore in the same period last fiscal.
Its revenue from sponge iron segment rose to Rs 155.43 crore from Rs 139.66 crore.
Shares of the company today closed 0.53 per cent higher at Rs 933.95 apiece on BSE.
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