Steel Authority of India (SAIL) has reported results for first quarter ended June 30, 2013.
The company has reported 35.25% fall in its net profit after tax at Rs 450.91 crore for the quarter as compared to Rs 696.41 crore for the same quarter in the previous year. Total income from operations of the company has decreased by 4.73% at Rs 10,267.91 crore for quarter under review as compared to Rs 10,777.50 crore for the quarter ended June 30, 2012.
Recently, the company registered positive growth in steel production for the month of July 2013 as compared to the same month last year. The production of saleable steel stood at 1.08 million tonnes (MT) during the month was up by 3% over as compared to the same month last year.
