Tag: Tata Sponge

Tata Sponge Ltd, India’s top ten sponge producer with an annual capacity of 390,000 MT, has reported a sharp decline in profits in  Q1 FY16. The company’s net profit for the quarter has plunged almost 84% to INR 7.09 crore when compared with INR 44.28 crore in the corresponding quarter a year ago. Total income…