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SAIL Q4 net up 72 pct, beats f'casts

Top steel maker SAIL says that that its January-March net profit rose 72 per cent from a year ago to stand at 19.02 billion rupees, beating forecasts.
None | By HT Correspondent, New Delhi
UPDATED ON MAY 21, 2007 03:44 PM IST

Top steel maker Steel Authority of India Ltd said on Monday that its January-March net profit rose 72 per cent from a year ago to stand at 19.02 billion rupees, beating forecasts.

A Reuters poll of 10 brokerages had forecast net profit of 17.78 billion rupees on sales of 97.36 billion rupees.

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