Tata Sponge Iron standalone net profit rises 0.04% in the September 2018 quarter

Sales rise 29.33% to Rs 216.21 crore

Net profit of Tata Sponge Iron rose 0.04% to Rs 27.62 crore in the quarter ended September 2018 as against Rs 27.61 crore during the previous quarter ended September 2017. Sales rose 29.33% to Rs 216.21 crore in the quarter ended September 2018 as against Rs 167.18 crore during the previous quarter ended September 2017. ParticularsQuarter EndedSep. 2018Sep. 2017% Var.Sales216.21167.18 29 OPM %13.7920.58 -PBDT44.3843.74 1 PBT41.4840.67 2 NP27.6227.61 0

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