Dp Deshpande

Deshpande says 50-60 percent of the price hike will reflect directly in the company's operating profits. Operating profit per tonne should improve to Rs 1,300-1,400 over the longer term and Rs 900 in the medium term

Fall in input costs cushioned drop in realisations: Tata Sponge

However, net realisations and production costs may not change significantly in the current quarter, says DP Deshpande, MD of Tata Sponge.

See slight improvement in Q4 margins: Tata Sponge

DP Deshpande, MD, Tata Sponge expects slight improvement in margins on back of sponge iron prices firming up.

Q2 profit mostly wiped out, Tata Sponge doesn't see Q3 loss

A 15 percent fall in realizations led to Tata Sponge Iron logging a 75 percent fall in second quarter profit to Rs 5.75 crore but MD DP Deshpande says he does not expect the company to clock a loss in the third quarter.

Demand for sponge iron won't change in 6 mnths: Tata Sponge

DP Deshpande, MD of Tata Sponge, says the primary reason behind the disappointing numbers is that realisations in the market have dropped. He does not see the situation in terms of demand for sponge iron improving dramatically in the next three to six months.