Lower input costs and growth in sales have helped Steel Authority of India Ltd (SAIL) almost double its net profit for the third quarter ended December 31, 2009.
The company's net profit stood at Rs 1,676 crore, almost double the Rs 843 crore in the same quarter last fiscal. Net sales stood at Rs 9,697 crore, a growth of 11 per cent over Rs 8,724 crore in the same quarter last year.
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