Tag: Q1FY17
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SAIL’s Financial Performance in Q1 FY17
Indian steel giant SAIL has reported its financial numbers today for Q1 FY17 ended on 30 Jun’16. Although company’s stand-alone losses have widened to about INR 535 crore in Q1 FY17, its EBDITA (Earnings Before Depreciation Interest Tax and Amortization) became positive after four consecutive losses. Despite, achieving quite lower EBDITA as compared to its…