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Steel Authority of India (SAIL) has reported results for the second quarter ended September 30, 2020.

The company has reported net profit of Rs 393.32 crore for the quarter under review against net loss of Rs 342.84 crore for the same quarter in the previous year. Total income of the company increased by 19.84% at Rs 17,121.22 crore for Q2FY21 as compared Rs 14,286.18 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported net profit at Rs 436.52 crore for the quarter under review as compared to net loss at Rs 285.92 crore for the same quarter in the previous year. Total income of the company increased by 19.71% at Rs 17,097.57 crore for Q2FY21 as compared Rs 14,282.17 crore for the corresponding quarter previous year.

Peers
Company Name CMP
JSW Steel 1230.00
Tata Steel 183.40
Steel Authority 173.15
Jindal Stainless 724.60
APL Apollo Tubes 2115.85
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