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Steel Authority of India reports net loss of Rs 1528.73 crore in Q3

11 Feb 2016 Evaluate

Steel Authority of India has reported results for third quarter ended December 31, 2015.  

The company has reported a net loss of Rs 1528.73 crore for the quarter ended December 31, 2015 as compared to net profit of Rs 579.09 crore for the same quarter in the previous year. The company’s total income has decreased by 21.07% to Rs 9043.71 crore for the quarter under review from Rs 11457.54 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.

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173.50 1.95 (1.14%)
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