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Monday, July 21, 2008

SAIL PAT up 20 pc at Rs 1,835.19 cr

MUMBAI: State-run Steel Authority of India on Monday announced a profit after tax (PAT) of Rs 1,835.19 crore for the quarter ended June 30, 2008, a growth of 20.33 per cent in the corresponding period a year-ago.
The company had a PAT of Rs 1,525.12 crore for the first quarter in FY'08, SAIL said in a filing to the Bombay Stock Exchange.
The 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.
Shares of SAIL were trading at Rs 125.95, up 2.61 per cent in the late afternoon trade on the BSE.

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