| Company Name: | M B Sponge & Power Ltd |
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| Address: | Corp Office |
| Ikrah road | |
| P O Jamuria Hat, | |
| City: | Jamuria 713331 Bardhman West Bengal |
| Tel: | 0341-2455318 |
| Fax: | 0341-2455978 |
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About the Company :
MB Sponge and Power Limited (MBSPL) incorporated on September 10, 2004, was promoted by the Agarwal family of West Bengal, with Mr Shankarlal Agarwal, being the main promoter. The company commenced operations in March 2006. MBSPL is engaged in the manufacturing of sponge iron at its plant located at Burdwan with a current installed capacity of 60,000 metric tonne per annum (MTPA) and trading of iron & steel related products like iron ore fines, TMT bars, G.I Wires, Steel Round, M.S Wire, M.S Angle, etc.
Furthermore, MBSPL also acts as a commission agent for selling tyres and D.I. pipes on behalf of other clients, thereby, initiating sales for those clients and receive commission income for the same, which accounted for about 7.2% of the total operating income during FY12. Furthermore, the manufacturing and the trading income of MBSPL contributed about 81.1% and 11.7% of the total operating income during FY12. As per the audited results of FY12 (refers to the period April 01 to March 31), MBSPL reported a PAT Rs.0.86 crore (Rs.0.97 crore in FY11), on a total income of Rs.58.83 crore (Rs.66.51 crore in FY11). Furthermore, during FY13 (provisional), the company has achieved net sales of about Rs.47.90 crore
| Personnel | |
| Pawan Kumar Kayal | – General Manager |
| Shankar Lal Agrawal | – |
| Corp Office Ikrah road P O Jamuria Hat, Jamuria 713331 Bardhman West Bengal 0341-2455318 0341-2455978 |
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