GTATA

TSIL/SE/2017-18/40

January 17, 2018

Dy. General ManagerBSELimitedCorporate Relationship DepartmentP. J. TowersDalal StreetMumbai - 400001

The ManagerListing DepartmentNational Stock Exchange of India Ltd.Exchange Plaza (5th Floor)C/1, Block GBandra-Kurla ComplexBandra (E)Mumbai - 400051

Dear Sir/Madam,

Sub: Submission of audited financial results for quarter/ nine months ended December 31, 2017

Ref: Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

This is to inform you that the Board of Directors of the Company at its meeting held on today i.e. January17,2018, approved the audited financial results for quarter and nine months ended December 31,2017.A copy of said results along with the Auditors' Report thereon is enclosed herewith.

The above information IS also being made available on the website of the Company atwww.tatasponge.com .

The Board meeting commenced at 09:30 a.m. (1ST)and concluded at 02:30 p.m. (1ST).

This is for your information and record.

Thanking you,

Yours faithfully,For lata Sponge Iron Limited

Sanjay KastureChief Risk & Compliance Officerand Company Secretary

Encl: As above

TAT A Sponge Iron LimitedPOJoda Dist Keonjhar Odisha 758034 India

Tel +916767278178 Fax278129 Email info@tatasponge.com(IN No.l271 020R1982PL(001 091

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t Lsar

sndedtx.12.20r7

-tliffi1

Prac€iJing 3moiths en$ed

3U,09.)017months erded,dtlr* preuiqp5 ygxl

31.1!.:0LS

Year tu datetigures fo( thrcu{crt }gllod

ended31.1:,AO17

Y{8r t$ tatctiqures f,or the

porlvica! p€Bodeffded

J1.t!,r016

Yea/ endnd3t.03.:0:?

(Audired) {ABdited) taoditad) (AuCired) (Atdiler)$. t5,?58 57,315 <l,cl: 6i.$r5Il SlhEr insre 1.163 947 056 3.115 1,7+llli ?st.t insm+ {t+If} ?:.610 t?,665 t 5,6i6 50,45O

E Fens€i

12,9t3 10,('97 9.6?0 35,653 26,7 15 18,9S8

stock i4 lrade776 631 43" {69q {526

5.?itieYnx duty o. raie;agm;

1,406 ,.6{S1.lrlt r.r0l 3,O58 3,qgs ,53r

:33 13 86 29?309 t07 9$3 955

t,gla 1,501 2,195 s,546 1,4117rt?7 I ],59S 15,091 46,428 4a,579 56.Brr6,433 4.C6t 1,525 t4,&27

1,9*i :,3,1? 60c 4.811 r,688(1081 1.4\t 1171 {41!l (:70 l1q6'

Yolal tax sxloilte (VI) 1.A3d J,la6 4,606 1,414 4,4 /3

vlll other mmprC*instve-ifilone3,599 1,096 q,4r 6 3,?54 5,*14

iA) qtl trems uar *niml oeGiIlfrIl"iilii?iilas

(t) *€ftee5u.ese.te ofthe defined tineni ptani l4 {}ll (tr$: (x3 (2261 {}ss.)(b) tn(ofle Lax &r*rlng ro temi ihi rr otil;*recinas,fiad to prltit or lor$

{8}

(n) 76 79 72

(n) lnrome tnx re,nting tq itrnrs thii niv uerchssified to trofit .r los5

Totat other csilprehcnitea itio;;lrriiJ-;;-------"-?=:::::::1: ire

9 (2?{ l{8)

perlod,l V€a. (VtI 4 vrlt)(Coerris,rlg profit and otinl rcmoreh6nsirernsri* tor the peaod/ year)

3,60A 1,74t) 951 9,3e4 3.506 5,735

x p.td ilF €quiry:rrare cilrtaiFe;;i;;:T;-ifPor !h!rE)

xt Olhrr equrly

r.540 1,540 1,540 t,54O 1,540 1,54S

xll rarntnaJpcrequi6-iiliJorns,id-ilfr-;- 94,143

-1 8B$i. (in Rr.? :3,t7 61 l4 t4.:6 38.142r.3? r?^t2 s1,1a 2{.38 38.r4

YATA 5PO'{6T IR.OI{ LIMII'EDf,agd. O{flce I loda , post- lcda

Plst* Keoorhrr, oriss;, pln CqdB ,5S 034CIfi : L17lO:Ont!BzFI.COOt09l

ptR? rt stdrEilEt'lr tlF AtJot?ED StAliltalohr lrirANcltl RrsuLTg FOR rli! QUTRTEI A}ls arHf t"tor{Tils ENOTD 31 DECcHBcB, 1O1'

ffi"t{;,:r*.,-*"/

TATA SFOI'6T IROil LI}ITITED

R.gd. Office I loda . po!t- )od6nlgt,- (€onJhir, O.i6ra/ ptn Codq I5g O34

cIltl : 12rro:oRt96:prcootogt

TDtal smprehtslre lnaome for tile partod I year

'"''-::l{\:"li *ii.j ni ^\\

.ir-

i,l; "1|'::r .".., .' :'") ,'

/fls#?'., -.-...'1*.:'":n '.i#r:i *._..a/"

"a:;r,,*a::*$;,*

Partlol!.a!nded

3r.1:,101,;1.

igures lor th!rraot 9grlQ

tndod3r.r. ?.20rt

lqur6s

srr*l1.r:.2016

)n3

iagmcnt rerslijSpcn{r irsh ,07 l

una,ttritdd incame/ terxnairuiat "-.--_*

)95 a63

ls5:t92?33 !:

1SS ;4{{3; ,zz

Prollt 6ft€f trrs3{ 1.)!6 606 471

*t!E( ser.tlknslye iotorni/{*tr

"r9B {1S ,5q )74

3,foa ?,?40 953 9,394 3,606

,adlsulaBt5 at

]t.1r.tol, 10.G9.:017Ar at

3r. l:.t0i6A9 Ei

rudrt6(t) (Aud!teJ] (Aui,ted) {Ardited )

{l 40i509 055 , JlU4,5:4 4,&72 4.83S 4,72j

s{j3ts 6],414 ,?,594 61,5a7r,r{,73c ].G6.61' 1",02,{75 1,04,5S0

11i904 tc,391 11,{13 t0,479693 6E5 6!4 6?9

8,194 7.:103 5,960 6,937:0,8t1 1e,:,94 1S,067 18,095

TAT* SPOr*GE IFOH Lr,,,TiTgO

ft€Ed. Oltk€ I Jorr, , post- JadiDl$t.- Kronrhar. Or}rs, FIn Ceds 7EA Ot{

.Stles. ctn : LI71oio&lgBtFLCOotOgt(!) The.ab)ve.€sutE halc been rey€wed oy t4e AuC( Crrnrnrttee ai thetr m(held 6 l7 Jasuary, i3le:- - - -'" vf *tr 'qqrr *iornrti€e ar nel' mefllng neld on 16 )..!ary. ;0I8 nrd ,pFrcvec by rhe aoard oI oirrrtos aa the,r rretis{(:) Thc Cwpony has td€nrif,ed busiosi $egment ., lhe or {ndry iegritpn TAe Co$pany rs en'aced j6 produdrcnl'€6t tn/o'mtt'on re@*sd to ihc fiet.9ecnri19 oqs;s,;";slJia;#i) for rhe pr@ses of r46u,,u urr@t;on _oj.oT1ge

,.os .nd gef€ratjol of po* Iroa k{srebrnufadu'6 of spooge ,rcn .nd qeoerotia4 or por",, ,.pon"-n,*-.diIn'," ,0, ,,uru",ore re$rlts jn &.9rdar." *,.:T tyus.eni or tig,"*ni p*alr";n'.e ftru je5 oolh Ind AS 108'ope.etlng Scgimcnt..{3) (!} :n the nonth ol f{ov€dh. A0::, fi,riitry of Coat (-iloc"} :rrred oolr(s to the Cam}r,,y fo, .ovo.dtroii oI

tr["J$i1T##l*'ffjJf :ly'"," "r *", tr"Lr

"e-"','i'iil.n'.n, "o*rur, .ad Fi,& a rrir periri6, ,.b:$,q":.u.n,9s 9r ].s r.i5, *$ sqtln;*ed r!&nrdi

",i" iJol,"i

"."i i"^";:il::"".jff:#lr,l,.j,1J:"Jjlxili3l5 by *r,,,, on" ,nu u,ni-*,o,,,Li.ou.' -' he tsoi b'e {icb cou., cr Der\,. *h:ch d,iencd ihe

bank qunranreo ue ,nvorei and rne aro,€so;d amo)aL 5o nuro;,,;u11'-1'."uc s"*"-i"",i"'riil.;:JTi#:'::,"Ti;"'r;'.";j::.T;,!:I:[T.::?*

Nhcre the 'nntrel {i Endrr. ad,ud(Jr,on r r,o co,.paii #"il; r;i;:?H:t,lL";11"1,'i? i";"11i Lornp.ny has -.'* r ',""-nol:r." "^lr'i,l'."" , o",n,,

J[',i"iiX'#:""j::lri1f:"[TJ[ |;r."ff;.|*; X::*, "l;,,rie

3e.ra,n n, " *i .,-,"."i,,,,"ii11.i1i

,'", * ,n" o',r,nuio,'-*,iiin ,]u,io*n u".,a,eoaue,. rne acirnr cont,""ai il *ii."".1lt,hod-*(l

dnd vcrd ab 't't$) sian cons€quently be

:;":: :.J:::l ll,'u:,. uuo,.**,,,0,o n",(on.eited afl(alton of i:4 c@r btkks ;r(Jud ng ;; ;;;ilil, ,riii: Codt gio(k wn,rh ra! at.drf6in(uruontheR'c'i'ka&rtEa$tlc*r Brn-r"L'i;;;;;il:,rcr7.99e9arer?oks rs,i4o.gs,"..t,1ln:cl-tonr";i;;;,;il:;i;"rbadn@nr{11 qarch, 2Cl?: R5 1A,040 96:a(5).(" ijfrifi;;,'"t.:T-',Ll,1^:',ff1j[":ii';[x::iX"l'"lTI'..::" o..'e.ameFr or rnu,d 4*1 promu",silecr.coar M,oe! (spec,n esv,q,or) Rur€s.2cr4to p.v to the pno' ariocotee :r,"

"**nuo,,-..X,,JJil';r"J;.';::i;::.j:1::j:il:?",JJ::T,:_,X;,::1" *,r*, ,'," ,ui.iii..u''o'oi*'i,i J. c6rs upoi

ffi:*::ffi:$fi;Ji[:l,i""i:1,1:.?:',.X,'#:*;;jlT.]Sflfi;l#lm*t#i,'lJ:r:'"',Y:-,]'":ilt.iiff;i'$H";:Sx fj'" F.:i+i;IiJrT,":!f"!-:-,:HH:iii+!i'j:1',:1Jifu1,[#i';.1,["1,r

rr!],ed,a *{dreme*} ,hF :nre.n ,,h.n.,6r ,,aiemen,i.,e plperec ,r .(cord.nce *j.hsr'tndirds] Pu'$. ?015 snd csssanru. lrna;on ,i.ioii;il ;ffi#;i;;:j"::jii..ffIff: 4c, rDI i rEad 6ru R!re .r ,r ,uc"LpJ,# iinllll o"*,n*,s

ro. and qn ben.il cf ttq*lar!;:of Orectors

":*5UCo Charter;\

i9|'fi-'*^?#q))51 Ctrartereo AeLoLrniantq \'2

w,

?A1A SFONQN IROX I.ITqITTED

nrgd. oriiie 1 Joda , port. jod!nBt," dso[rlrarr Ort6sa, Fln Code 75fi 03{

Clft I L:?tOlOPt98:pLCOOtOBT

EA, ZUITPrrticul!r3 3 l"totrtlE eoded

3t,12,tOl'tsreaeu{lq f

soiths eod€d30.09.t017

Corrqslondi$g 3ftonlh! €ndEd inthe o€vrru5 y!6r

3r.t2.:016

Year lo dcte{lgurs forlh* a0rrsrt

Perlo{, end6d31.12.201?

Yeilr lo dat€fi9!.€9 for thc

p€r;vio!! periq,saded

31.r.i.2016

Year ended11.0).20r?

(Audttcd) (AuCitcd) (Aqdittd, {auditnd) (AuditedJ (aedaitedl2L,447 15,?19 15.r59 57,31i 43.012 61,516lI Cther tn.ose r.165 t48 859 3,159 ,,)"tl 3,?0,tll Totrl lxome g+Ir) 22,6\2 1r.666 1$r617 6il,4r{ 45,755 65.:31lv Exr€Bs!

Cost dl m[t€rial$ tdds!fi€d t:..613 10,097 9,62i ,5,653 i6,71iChnfigqs ,n ldvefttc.ier qt fi.ished gsdg nnd510ali ir isde

7V* 6:3 (43) {6r4} (5:6) 315

1,436 1.648 3,S9S 5,785Emplsy* lrenefit! erpen$e t,otz 1.058 r,593 3,OSO 1,469 4.531Financg (0tii$ ?33

244oepre.rdiron and amortirt,o^ e"pioii - '

30$ 3S? ]:4 933 955 !,2?7Othar &Fsrls r,915 1.500 5/$4? 7.S.1Tdt*l cxgenser tIV) r7 r78 13,!93 15.$t1 4&rI, {0,580 5&,871v Prefft b.torG trx (ttl - Iv) 5id34 .1,06s 1,$24 14,O?5 5,r75

Yl Tax€xpes$e5i

-i Cuirent tlx t.s*I \,14? 6ni 4,8:1 t,688'2 Oligred igx {r08} {4!} l1 .'r ) (:r5) (?20)Tetal tal e{panEe (Vt} 1,r3'r 1,306 4t9 d6$6 t,{ l8vll Frufitror th6 pfitodl t€ff (u"Vt ) 3,600 1,762 9,4r9 3,7r? 5,877VIII Other omprahairilvl lnome

({} ('} lteme thn! vilt rot le qlasj;.iJ ts protiloi-lffi

(r) Rcosaslemeitt ;ata;;enred bena rtltafr 14 (3'l (z:61 (r0s)($) ldc$dq tox re:sting t0 itsr thai yiit, nat trrreah$lfied lo Frsfi; or tosg

?6 11 ,8 72

(S) (i) lteo, that may he rxtass;iied to prof:i or bl

(a) lm6B* t x relBtin, to it.ns llE! mny bsreqlns$ilied ld tralil 6r losg

Tolal olh€r cdsprsh€nrtcq Itrcome tVtIij I (t4l) {l4a) (136

lx lotdl rontittrwive trrme for tf,E-r€rlqdl ynrr {vII + VtU)(Cofrpdeing ,sft ind o(hGr .ffitrehcnrjveinefi! fs thq F$i6dl },.ir)

3,6{}9 l,f4 1 85{ 9,197 3,609 !,7*1

x pijd up equity ,lra€ c;prtet (l6ce vatve : itilidpqr jhrrej r|5+o 1,S,r0 1!tso 1,540 1.54s

Xl Otfier €4utty

xll eamtnqspcreqaday;H;E;;ffi?6"tI;Il*

1 8i!ic (io Rs.)6r,16 ?4,{0 19.r5-3 Diirt€d {u n5,} ---"

*+ *-_{.

t.).91 I 7.r3iee xcomniitrq ;Ar& ro'i;;l;;;;;'e<,r&

TATA SPO}ISE t&ON LIi{tlYgDtreEd, Ofiice . ,qds , post- )odd

olst.' Xsonjhar, Oris& Ptn fode 7SB O3]l

CrtI I L271O2O(1t62pLcOolO9l

Year to drteligures fc.thg durrent

pc.lcd €nd€d31.11.101I

mooths endE$ inthe rreriour y*nr

3r.1t.:016

Y€ar to datef,gu.er ror th€

r{ri!!o!s pe.iodended

31.1!.t018

totll ompreheBi{p inem" foi the lErlod / year

,6-ffi. 1/-.r-pff r s ne c -< :--;; -{r)ji 4"1 cnrrturud Accounranrs\?

7rl$c9Itra 3 }{ont,lt qade(31.17.201?

rrfled'n* 3fronth$ enda,

16.0s.?0t 733.0f-2Sr?

{audrted} lAudltttl) {Asdltrd} {{udltt{) (Aldltsd) (i\udrred)

500nft ircn

,5psge iron ? la5

.$9rio96 7rl

)aaca {ods xt3 t3 s6 z9: 1t8 244)re l*r

lra34 r,J06 4.606er tax 3,600 3,75) ,?7

'€ itao&e 9

r,5q$3,609 :.741 3t{ 9,3S7 5,741

,t.t:.20r,i5 nt

3q.fir,2t!? lr.1?.t0r6Ag at

31.03.?017

{Ardited} {Aldited) rrited: (A0ditsn€nt asets I

56qn$e r'rqn 4E,AS8 {0.0551s?rl 4,S?2 {,8t6

ufta,jm{Bo 64i33r. of,,445 5?,603 61,556

1.t4.i{3 1.88,6i6 1,02.4s4 1,,t4,589

t 1.904 ro,i3l I r79693 695 69d

a.es5 7,308 5,96r 6,9392O,At? 1g,3SS r8,068 tr9.097

TATA SFOHGE t&ON LIHIITED

{cld" olllce : ,odn r Po$t. loiaDl$t.- {&onJhar, Orls$a. Ptn Codc 758 034

cIfi ; Lzr10roR1q6:PLCS0lg9t

ligt4t i{t) 1}€ abov* retr,ts hale been ,€viewed by th6 audi! Co{mlttee at their m@tlng ield oo ,.6 January, l0l8 srd opprovad by the &qard of Di.ectos at thtir seeti{g llel,

on 17 )atr!a.!', 10i8,

(?) TIE Group ha$ idenrJ{iqd bliitgtg sets€i}t as the prinary segae*t. T[4 6roup i5 engsg€d rn prqdlltipn cl gpon$t ircn iaC Seneri(i{i of po}yer trsm srste leat,lnldm*tlm epdfrdd to thc chia{ ap€€une dBcirisn fiak{i {CODM) fcr the p!r?o$s of r*N$rtt al}o(6lioi ard as$!}ment ot s!6ent prrtormanre ioaures *ffinlfadut of *ponge ,6n nnd geoeration of il6wer. Boor(abk sf*ftentr toi ccnsahdlted .erults in acro.dnse sith lfd Ag l0A "Opar8ilng Ssgdnnt"-

(3) (i) lo thr mortll df Nasenber !0I2, Ilinlsrry ol {oal t"fiof") istued roti(s to the Co$psoy to.;nvoratioe of bank guar6rl& of e5, 3.i50 inca submiued totrardsperformanca of aooditions tqr nltocation oI coal lrlock aga,n:t whlch l*e Comlioy hnd f:lBd a *rit peliion in the lton'bie ttigh Coud sf Ecihi, whlch d,rectad theCompany to kep 1ie bailr gunraobq v*iid tili l$ $lqvember, 2C,:5 by lrhicr date lbs l4oc wa5 dir€rte{ lo tokf d*rr$loff, Mesnwhil€, th€ bnnt Waranl.ee q;prei,ind ,*d nof bern renewed. rince nq comeuni{atLda ilad b€an received lrsm MOC- Srhrequent!}, Hoa igsued a rorke dntrd 2€ Oeceftbar, i015, slating that thcbanl Srarantge be in!q,(ad aod ih* aro.esii !ftolnt bQ deposlte.d. Con5eq$eot to lNirc's noti(e, (he Coolpary i!a, 6ovdd lo the il$'bte High C6qd of DEthi,rhee thc maiter ,s p€rdinQ adrldiaslron, the (nmpnoy hag brsi advi*ed ind lrar ohiained t 1e!it spinis, that as tha onginal allotatiq. h!5 baan dstaredille0al iid clnmll6, tty thf, Hon'tll? SuFr€fi€ Cdon, tira i6nl llnant€e psnaining !q su<h sll*etj$6 (dhlch i! ngn-st snd void sb initio, siall cBx$eqlq[liy t]edeef,ed lo be iffilld lrd vqid ab iniio. Feming finrlisitlod of lh€ mntlt., lhe tms$nt {cotinres to be disc,osnd a* a corlingonr liahtity,

(t)) (i) Suritrg pendetCY Of the dfoterd mstt€6 i. Hon'bl6 HiSft Court of DElhi, tlB litr'biq gupreme Cou{ ot tnd;s lide iS sriei dnlrd 24 Sept6fiber, iOL4 h?sancelled Ell&Elior qf ?14 clni blo*! iidqding the iidhiksBlr {€s{i} C$a' Bio(k whiah *n* allot't€d to the Cffipany an 7 FebftBry,:S05. The amentrfl(,,tr6d on the R!6hri(apur {eB1t) CHI grqk !p:o 3l Oactmber, ?Ut7 sggregald to R5. 16,040.96 lssr (11 nar(r, 20t7i R!. tS,3aO.96 tac5).

(ir) ,ru€ugnl to tho iudgment gf lio{'ble 59pwe Cault of lildia, lh4 fiovr.fim€.t of lr{la ha5 p.srlgfl*d Conl trlides {Sreial prorlgion} Rlteg. ?414 (-guts')ftr sll$fttilo ot lle cfrl miryS through e*ti$n ai4, mati8rg .elat€d lheret6. ln i€ss of lhc slid BulEs, tbe s!t($sf!l t,iddet sill be callsd uFac IB psy [othg prior ajl€nts the expenses incuriad by the pricr n,i4cllw tcr.racds l*rd ard nire llfristrlelure- FurivaFt t, l4sa'9 dlrectile js€king th6 detai,s ot€xFgn$s$ vide lplt€r dalad :6 D*aemher, 2S14, lhe Cnilptny h!5 tu.ilish€d th€ €qrired sistefieot ei ortsnree on 5 Jnnuary. :015. 8i$erj on thq AuleJ afidlecestnry legal opiflion obtiintd bt/ the ComNiy. rD ,rrovision :s coasid€,?d n€{esrary.

{{) The (ol$lidated fina(la] .rslits pr€rented abov6 ar€ cxtreat€d from the audiied roteri$ .onedtrdated :;6inli3l $tatefte*t$, The toteris (oDsotidat(d ftnanaialst6t menrE 6€ pef!€d in ac(qrdBi(e wilh the tndian .a{ountrg $tnncrrls ilnd ,s) as nre\s,rbcc lnder seLtron 133 o, th€ coftipani€s Ad, }01.3 rerc *ath Rs,e 3 cfthe Conp*iee {Indiat A(cs!rting Srenoards) Rshs, 7015 ano CostBilo! {}l6inn Asovnting SGndrrd! } Arncndmen! iule$. 2015.

t5) lh* oftiBlld*ted tldrrelal rsull5 in<lud4s the re5ultc sf l$IL f'lfEGY l"tt{lrED ("Subsidlar?"}

rlr aad qs b€h8lf ot the 8fiird ol Direiors

f,$:\&ffi