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SAIL Released Its Financial Result for The Fourth Quarter and Full Fiscal Year 2012/13

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Core prompt: It’s reported that Indian steelmaker Steel Authority of India Limited (SAIL) released its financial result for the fourth quarter and full fisca

It’s reported that Indian steelmaker Steel Authority of India Limited (SAIL) released its financial result for the fourth quarter and full fiscal year 2012/13 ended on March 31st. In the fourth quarter, SAIL posted a net profit of INR4.46 billion, slumping from a net profit of INR15.76 billion in the same period of a year ago. Meanwhile, its gross sales revenues totaled INR136.6 billion in the first quarter of this year, falling by 7.6% year on year. In the fiscal year, SAIL registered a net profit of INR21.7 billion, falling substantially by 39% year on year. The company realized gross sales revenues of INR493.5 billion, down by 2% year on year.

 
keywords: SAIL, Net Profit
 
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