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Tata Sponge Iron reports marginal rise in Q2 consolidated net profit
Oct-12-2018

Tata Sponge Iron has reported results for second quarter ended September 30, 2018.

The company has reported a marginal rise of 0.04% in its net profit of Rs 27.62 crore for the quarter under review as compared to Rs 27.61 crore for the same quarter in the previous year. Total income of the company increased by 30.81% at Rs 231.07 crore for Q2FY19 as compared Rs 176.65 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a marginal rise of 0.04% in its net profit of Rs 27.63 crore for the quarter under review as compared to Rs 27.62 crore for the same quarter in the previous year. Total income of the company increased by 30.81% at Rs 231.09 crore for Q2FY19 as compared Rs 176.66 crore for the corresponding quarter previous year.

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