Steel Authority Of India Reports Q2 Net Profit Of Rs 553.69 Crore

INSUBCONTINENT EXCLUSIVE:
The company's turnover during the period under review rose 23 per cent to Rs 16,541 crore.The Steel Authority of India Ltd (SAIL) on Friday
reported a standalone profit after tax of Rs 553.69 crore for the second quarter of 2018-19.The company had posted a net loss of Rs 539.06
operational performance and a collective effort towards driving the full advantage of modernisation and expansion," the company said in a
operational performance, the EBITDA (earnings before interest, tax, depreciation and amortization) for Q2 FY19 at Rs 2,473.54 crore improved