Tuesday, May 22, 2007

SAIL Q4 net profit up 72% at Rs 1902 cr

SAIL announced its Q4FY07 result. Its Q4 net profit was up 72% at Rs 1902 crore versus Rs 1103.2 crore on YoY basis. Its net sales during the corresponding quarters were at Rs 10,385 crore versus Rs 9,219 crore.

The EBITDA stood at 32.7% versus 19%.

According to CNBC-TV18 estimates, the company was expected to post net profit of Rs 1796 cr versus Rs 1103.2 cr, up 62.8% on YoY basis. During the same quarters, its net sales was expected to go up by 5.6% at Rs 9737.2 cr versus 9219 cr on YoY basis.

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