Steel Authority of India (SAIL), India’s largest state-owned iron ore producer has produced 9.72 lakh tonnes of saleable steel in November, up 8% over the corresponding month last fiscal. The company has produced 8.2 million tonnes of saleable steel during April-November 2012, up 2.3% over the corresponding period in the previous fiscal.
The company has reported 11.92% rise in its net profit at Rs 543.11 crore for second ended September 30, 2012 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.
