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SAIL reports marginal rise in Q4 net profit

28 May 2014 Evaluate

Steel Authority of India (SAIL) has reported results for fourth quarter and year ended March 31, 2014.

The company has posted a marginal rise of 0.90% in its net profit at Rs 452.68 crore for the quarter ended March 31, 2014 as compared to Rs 448.63 crore for the same quarter in the previous year. Total income from operations of the company has increased by 10.15% at Rs 13509.21 crore for quarter under review as compared to Rs 12264.74 crore for the quarter ended March 31, 2013.

For the year ended March 31, 2014, the company has posted a jump of 20.56% in its net profit at Rs 2616.48 crore as compared to Rs 2170.35 crore for the same period in the previous year. Total income from operations of company has increased by 5.08% at Rs 46698.41 crore for year under review as compared to Rs 44440.58 crore for the year ended March 31, 2013.

Peers
Company Name CMP
JSW Steel 1248.80
Tata Steel 182.85
Steel Authority 173.05
Jindal Stainless 730.75
APL Apollo Tubes 2116.50
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