Tata Sponge Iron consolidated net profit declines 25.53% in the December 2018 quarter

Sales rise 21.62% to Rs 260.83 crore

Net profit of Tata Sponge Iron declined 25.53% to Rs 26.81 crore in the quarter ended December 2018 as against Rs 36.00 crore during the previous quarter ended December 2017. Sales rose 21.62% to Rs 260.83 crore in the quarter ended December 2018 as against Rs 214.47 crore during the previous quarter ended December 2017. ParticularsQuarter EndedDec. 2018Dec. 2017% Var.Sales260.83214.47 22 OPM %11.6422.43 -PBDT44.2157.43 -23 PBT41.3054.34 -24 NP26.8136.00 -26

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