Steel Authority of India has reported results for second ended September 30, 2012.
The company has reported 11.92% rise in its net profit at Rs 543.11 crore for the quarter as compared to Rs 485.28 crore for the same quarter in the previous year. However, total income of the company has decreased by 3.70% at Rs 11045.71 crore for quarter under review as compared to Rs 11469.87 crore for the quarter ended September 30, 2011.
Steel Authority of India (SAIL) is India’s largest state-owned iron ore producer established in 1954. It is one the leading steel-making company in India. It has country’s second largest mines network. All plants of SAIL are ISO certified.
