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Tata Sponge Iron reports 36% slide in Jan-Mar profit

The company, which is a Tata Steel associate firm, had clocked Rs 14.65 crore net profit in January-March quarter of 2011-12, it said in a BSE filing.

Tata Steel acquires majority stake in Tata Sponge Iron

Tata Steel had launched a voluntary open offer on July 27 at a price of Rs 375 per share. The offer closed on August 9.

Tata Steel to hike stake in Tata Sponge Iron, Tinplate Co

Tata Sponge Iron's total production capacity now stands at 3.9 lakh tonne a year and 26 MW power generation capacity.