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SAIL Q3 net profit hits $365.40 million

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NEW DELHI (Commodity Online) : Steel Authority of India Ltd (SAIL) posted a net profit of Rs 16.75 billion ($365.40 million) for the third quarter ended December 31, 2009.

In a filing to the Bombay Stock Exchange (BSE), India’s state-run steel major said figures of the current quarter are not comparable with those of the corresponding period last fiscal year due to a merger of government-run Bharat Refractories Ltd with the company.



The company had a net profit of Rs 8.43 billion during the October-December period a year ago.

The government-run steel major has declared an interim dividend of Rs 1.60 per share for the financial year 2009-10.
NCDEX WHEATDELHIJUN12 20 June 2012 contract was trading at Rs 0 . What's your view on it?
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