State-run Steel Authority of India (SAIL) today reported a 37 per cent fall in its net profit at Rs 1,486.68 crore during the fourth quarter ended March 31.     

The company had a net profit of Rs 2,376.76 crore in the January-March quarter a year earlier, SAIL said in a filing to the Bombay Stock Exchange.     

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For the financial year ended March 31, 2009, the steel producer posted a net profit of Rs 6,174.81 crore, registering a fall of 18 per cent compared to Rs 7,536.78 crore in FY'08.     

However, total income of SAIL rose to Rs 46,110.75 crore during the 2008-09 fiscal from Rs 41,518.74 crore in FY08.

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