SAIL Q3 net up 105%

By siliconindia staff writer   |   Thursday, 27 January 2005, 08:00 Hrs
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MUMBAI: The state owned Steel Authority of India has recorded a third quarter net profit of 105 percent. Steel Authority of India Ltd's net profit in the October-December quarter has gone up to Rs 1514 crore from Rs 738 crore in Q3 of the previous fiscal. SAIL has announced a dividend of 15 per cent. The company said its third quarter net profit was boosted by high end products. SAIL said it would review prices for long term contracts in July.

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