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SAIL Q4 net profit up 25% at Rs 2376.8 cr
Published on Fri, May 16 at 14:07 , Updated at Sat, May 17 at 09:47
Source : CNBC-TV18
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Steel Authority of India has announced its fourth quarter results. The company's Q4 net profit up 25% at Rs 2376.8 crore versus Rs 1901.8 crore. Its net sales were up at Rs 13350 crore from 10385 crore. Its Q4 other income was up at Rs 618 crore from Rs 640 crore. For FY08, the company's net profit stood at Rs 7536.8 crore as against Rs 6202.3 crore Its FY08 net sales at Rs 39508 crore versus Rs 33923 . According to CNBC-TV18 estimates, its Q4FY08 net sales were seen up 20.34% at Rs 12497.53 crore from Rs 10385 crore. The company's Q4FY08 PAT was expected to go up 37% at Rs 2606.1 crore from Rs 1901.8 crore.
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People are adviced to hold on their short on Sail which have been created at around 151 level as stock will continu...
in SAIL - marketbear at 08-Aug-08 02:22
below 130 level is next target
Selling is happening from big ticket operators as it is visible from lackluster market movements and market will go...
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