Tag: Q2 Net Profit
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India: Cheap coal boosted SAIL’s Q2 net profit
Steel Authority of India’s (SAIL) INR 10.56 billion exceptional gain and cheaper coal fuelled net profit in the July-September quarter to more than double at INR 11.80 billion, although realization fell by 6.5% on subdued prices. SAIL, which clocked INR 5.43 billion net profit during the same quarter of 2012-13 fiscal, largely met its 15-16…