SAIL reports marginal rise of 3% in Q4 net profit

SAIL has reported results for fourth quarter and year ended March 31, 2012.

On standalone basis, the company has posted a marginal rise of 3.03% in its net profit at Rs 1576.98 crore for the quarter ended March 31, 2012 as compared to Rs 1530.61 crore for the same quarter in the previous year.  Total income has increased by 12.72% at Rs 13691.97 crore for quarter under review as compared to Rs 12146.92 crore for the quarter ended March 31, 2011.

For the full year ended March 31, 2012, the company has posted a fall of 27.77% in its net profit at Rs 3542.72 crore as compared to Rs 4904.74 crore in the previous year. However, total income has increased by 7.01% at Rs 46341.79 crore for year under review as compared to Rs 43307.36 crore for the period ended March 31, 2011.

For the full year ended March 31, 2012, on consolidated basis, the company has posted a fall of 28.20% in its net profit at Rs 3545.18 crore as compared to Rs 4937.73 crore in the previous year. However, total income has increased by 7% at Rs 46372.55 crore for year under review as compared to Rs 43339.48 crore for the period ended March 31, 2011.