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

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...

Published

Maria Tanatar

February 12, 2018

18:00 GMT

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