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SAIL Loss Declines To Rs 730 Crore In September Quarter

SAILs total standalone income rose 21% to Rs 12,577.90 crore in the quarter under review.
SAILs total standalone income rose 21% to Rs 12,577.90 crore in the quarter under review.
New Delhi: SAIL, India's largest steelmaker, on Thursday reported a decline in standalone net loss at Rs 730.72 crore for the quarter ended September 30, helped by a strong marketing push and cost optimisation measures. The state-run firm had posted a net loss of Rs 1,108.55 crore for the corresponding period a year ago, it said in a filing to the BSE. Total standalone income of the 'Maharatna' firm rose 21 per cent to Rs 12,577.90...
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