Steel Authority of India (SAIL) has reported results for first quarter ended June 30, 2014.
The company’s net profit for the quarter has surged 17.51% at Rs 529.88 crore as compared to Rs 450.91 crore for the quarter ended June 30, 2013. Its total income has increased by 9.94% to Rs 11536.98 crore for the quarter under review from Rs 10494.08 crore for the corresponding quarter of the previous year
SAIL is India's largest steel producing company. The company is among the five Maharatnas of the country's Central Public Sector Enterprises. The company has five integrated steel plants, three special plants, and one subsidiary in different parts of the country.
