Net profit for the same quarter last year was Rs 1901.88 crore. Net sales for the quarter was Rs 13,550.85 crore up nearly 36 per cent from previous years 9983.78 crore.
"About 72 per cent of the increase in net profit has come from internal measures like higher productivity, Sale, low energy consumption and other cost cutting measures.While the rest of 28 per cent has come from an increase in price" said S.K Roongta, chairman, SAIL.
"We plan to produce 1 million tonne additional steel in the current year through better capacity utilization", he added.
