Author: Rounak Gairarey
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India: Tata Sponge Iron Reports Decline in Profit in Q2 FY19
Tata Sponge iron – one of the largest sponge producers in Eastern India has released its quarterly results on 12th October, in which the company reported decline in consolidated profit margins in the second quarter (Q2) of FY19. In the report, the company’s net profit declined to INR 2,762 Lacs in Q2 FY19 as compared…