Tata Sponge Iron Limited operates in the Blast furnaces and steel mills sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Tata Sponge Iron Limited with three other
companies in this sector in India:
Prakash Steelage Limited
sales of 5.65 billion Indian Rupees [US$86.39 million]
Gallantt Ispat Limited
(5.80 billion Indian Rupees [US$88.69 million]
of which 57%
was Steel), and
Rathi Steel And Power Limited
(5.97 billion Indian Rupees [US$91.39 million]
Tata Sponge Iron Limited reported sales of 5.74 billion Indian Rupees (US$87.75 million)
March of 2016.
decrease of 27.4%
versus 2015, when the company's sales were 7.90 billion Indian Rupees.
Contributing to the drop in overall sales was the 29.2% decline
in Sponge Iron, from 7.42 billion Indian Rupees to 5.26 billion Indian Rupees.
There were also decreases in sales in
Power (down 1.1% to 613.06 million Indian Rupees)