Steel Authority of India (SAIL) today posted a 34.4 per cent drop net profit of Rs 1,090 crore for the quarter ended September as compared to Rs 1,663 crore for the same quarter last year.
The total income of the company increased by six per cent to Rs 11,181 crore for the quarter ended September 30, 2010 from Rs 10,571 crore in the corresponding quarter last year.