SAIL = STEEL AUTHORITY OF INDIA LIMITED = FY 2011 CONSOLIDATED RESULTS = PROFITS UNDER PRESSURE

Steel Authority of India Limited (POST.2)

 NSE Symbol    SAIL

The High Lights of SAIL was already covered under the URL : http://wiseinvestmentideas.blogspot.com/2011/06/sail-steel-authority-of-india-limited.html

The consolidated results for FY 2011 compared with two previous years is now given below :

Net Sales for FY 11 is Rs.42749.62 cr – up by 5.29% from FY 10 and Lower by 3.30% from FY 09.

Total Expenditure for FY 11 is Rs.37230.33 cr – up by 13.83% from FY 10 and Up by 2.08% from FY 09.

Profit from Operations  is Rs.6234.58 Cr – down by 27.93% from FY 10 and down by 19.43% from FY 09.

Profit before tax for FY 11 is Rs.7239.90 Cr – down by 29.02% from FY 10; and up by 16.99% from FY 09.

Consolidated Net Profit for FY 11 is Rs.4937.73 cr -  down by 27.29% from FY 10 and down by 20.21% from FY 09.

CONSOLIDATED RESULTS TABLE :

SAIL	FY 11 CS	FY10CS	FY09CS
Net Sales	4274962	4,060,015.00	4,420,843.00
Other Operating Income	71529	75,635.00	-
Increase in SIT / WIP	-138684	117,988.00	-194,942.00
Raw Materials	2621951	2,190,268.00	2,509,424.00
Traded goods	422	278	677
Employees Cost	767778	545,620.00	845,291.00
Depreciation	148838	133,972.00	128,731.00
Other Expenditure	322728	282,485.00	388,069.00
Total Expenditure	3723033	3,270,611.00	3,647,008.00
Profit from Operations	623458	865,039.00	773835
Other Income	148055	193,495.00	190232
Profit before INTT  & EI	771513	1,058,534.00	964,067.00
Interest	47523	40,219.00	25,324.00
Profit after Interest BB EI	723990	1,018,315.00	938,743.00
Exceptional items	-	-1,660.00	1602
Profit before tax	723990	1,019,975.00	618,841.00
Tax Expense	230217	340,898.00	322864
Net Profit after tax	493773	679,077.00	617481
Net Profit	493773	679,077.00	617481
Consolidated Net Profit	493773	679,077.00	618,841.00
Face Value (in Rs.)	10	10	10
Paid-up Equity	413040	413,040.00	413,040.00
Reserves	3309930	2,934,160.00	2385370
Basic EPS	11.95	16.44	14.95

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