Steel Authority of India Ltd (SAIL) reported a net profit of Rs 1,486.68 crore for the fourth quarter ended March 31, 2009 as compared with Rs 2,376.76 crore shown during the same quarter of 2007-08.
Total income for the quarter has decreased to Rs 12,590.12 crore from Rs 13,856.95 crore in the year-ago period.
For the year ended March 31, 2009, the company posted a net profit of Rs 6,174.81 crore (Rs 7,536.78 crore during 2007-08) on a total income of Rs 46,110.75 crore (Rs 41,518.74 crore)
The Board of Directors of the company at its meeting held on May 28 recommended a final dividend of Rs 1.30 per share, in addition to the interim dividend of Rs 1.30 a share already paid, for the financial year 2008-09.
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