Breaking News

You are here » Indian-Commodity  :  Corporate  :  Tata Sponge Iron reports 26% fall in Q3 net profit

14-Jan2019

Tata Sponge Iron reports 26% fall in Q3 net profit

Tata Sponge Iron has reported results for third quarter ended December 31, 2018.

The company has reported a fall of 25.53% in its net profit at Rs 26.80 crore for the quarter under review as compared to Rs 35.99 crore for the same quarter in the previous year. However, total income of the company increased by 22.42% at Rs 276.79 crore for Q3FY19 as compared Rs 226.10 crore for the corresponding quarter previous year.

Tata Sponge Iron (TSIL) is engaged in business of manufacturing high-grade sponge iron that is consistent in quality. The company also in the business segment of Power, Sponge Iron. 


Related News

View all news

Spicejet likely to connect London with Delhi, Amritsar from summer

Spicejet is likely to start its much-awaited international long-haul operations from this summer with operations to London from New Delhi and Amritsar. The company is also looking to operate wide-body......

Maruti Suzuki opens bookings for New Baleno

Maruti Suzuki India has opened bookings for the new edition of India's most preferred premium hatchback, Baleno. New Baleno, the style icon of Nexa has been refreshed with a fresh sense of premium-ness......

SpiceJet reports passenger load factor of 92.7% in December

SpiceJet has reported the Passenger Load Factor (PLF) of 92.7% during the month of December 2018. The company had reported PLF of 91.1% during the month of November 2018.The PLF is a key indicator of the......

Top News

View all news

Maruti Suzuki opens bookings for New Baleno

Maruti Suzuki India has opened bookings for the new edition of India's most preferred premium hatchback, Baleno. New Baleno, the style icon of Nexa has been refreshed with a fresh sense of premium-ness......

SpiceJet reports passenger load factor of 92.7% in December

SpiceJet has reported the Passenger Load Factor (PLF) of 92.7% during the month of December 2018. The company had reported PLF of 91.1% during the month of November 2018.The PLF is a key indicator of the......

InterGlobe Aviation reports passenger load factor of 88.9% in December

InterGlobe Aviation (IndiGo) has reported the Passenger Load Factor (PLF) of 88.9% during the month of December 2018. The company had reported PLF of 84.9% during November 2018. The PLF is a key indicator......