SAIL posts Rs. 1,835 crore net profit
S. K. Roongta NEW DELHI: The Steel Authority of India (SAIL) on Monday announced that it had posted Rs. 1,835 crore net profit for the quarter ended June 30, a growth of 20.3 per cent over same period last fiscal riding on a 10-per cent growth in domestic sales including that of quality steels. It had a net profit of Rs. 1,525.12 crore in the first quarter of fiscal 2008. The company's total income rose by 36.85 per cent to Rs. 11,421.99 crore in the latest quarter from Rs. 8,346.40 crore in the year-ago period.