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SAIL reports 18% fall in Q1 net profit

06 Aug 2012 Evaluate

Steel Authority of India (SAIL) has reported results for first quarter ended June 30, 2012.

The company has registered a fall of 17.91% in its net profit at Rs 696.41 crore for the quarter under review as compared to Rs 848.34 crore for the same quarter previous year. The total income from operation of the company too has decreased marginally by 3.08% to Rs 11055.95 crore for Q1FY13 as compared Rs 11407.63 crore for the corresponding quarter previous year.

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