Steel Authority of India (SAIL) has reported results for the fourth quarter and year ended March 31, 2018.
The company has reported a net profit of Rs 815.57 crore for the quarter ended March 31, 2018 as compared to net loss Rs 771.30 crore for the same quarter in the previous year. Total income of the company increased by 18.71% at Rs 17,264.86 crore for quarter under review as compared to Rs 14,543.53 crore for the quarter ended March 31, 2017.
For the year ended March 31, 2018, the company has posted a net loss of Rs 481.71 crore as compared to net loss of Rs 2833.24 crore for the previous year. However, total income of company increased by 18.18% at Rs 59,446.81 crore for year under review as compared to Rs 50,302.71 crore for the year ended March 31, 2017.
