SAIL reports Q1 standalone net profit at Rs 540 cr
The country's largest steel maker SAIL today reported Rs 540.43 crore standalone net profit for the first quarter ended June 30.
"Operational performance of the company has recorded improvement over the past many quarters and this trend is likely to continue. SAIL has taken several new initiatives which will help the company in improving its physical and financial performance," SAIL Chairman Saraswati Prasad said in a statement.
"The company's sales volume at 3.271 MT was also 8 percent higher over the corresponding period last year (CPLY)," it said.
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