Profit trend at India's Sail turns upward in October-December 2018

By Maria Tanatar / February 12, 2018 / www.metalbulletin.com / Article Link

Indian state-owned steelmaker Steel Authority of India (Sail) reported a rise in profit in the fourth quarter of 2017 after ten consecutive months of decline, the company said on Thursday February 8.

The company reported earnings before interest, taxes, depreciation and amortization (Ebitda) of 15.71 billion rupees ($244 million) in October-December 2017, the third quarter of its current financial year. This was up...

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