Steel Authority of India (SAIL) has reported results for third quarter ended December 31, 2018.
The company has reported 14-fold jump in its net profit at Rs 616.30 crore for the quarter under review as compared to Rs 43.16 crore for the same quarter in the previous year. Total income of the company increased by 3.03% at Rs 15910.45 crore for Q3FY19 as compared Rs 15443.13 crore for the corresponding quarter 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.
