Saturday, Jun 22 2024 | Time 17:52 Hrs(IST)
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Business Economy


New Delhi, May 20 (UNI) State-run integrated steel manufacturer Steel Authority of India Limited (SAIL) on Monday reported marginal about 3.6 per cent decline in net profit at Rs 1126.68 crore during fourth quarter (January-March) of fiscal 2023-24 compared to Rs 1169.21 crore in same quarter of 2022-23.
Total revenue from operations also fell to Rs 28271.94 crore from Rs 29416.39 crore in the period under consideration.
The Board of Directors have recommended a final dividend of Re 1 per share in addition to similar interim dividend, the company said in a regulatory filing with the stock exchanges.
Full year (2023-24) net profit grew nearly 41 per cent to Rs 3066.67 crore in 2023-24 compared to Rs 2176.63 crore in 2022-23.
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