Business Standard

Durgapur Steel Eyes Profits This Fiscal

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BUSINESS STANDARD

Durgapur Steel Plant (DSP) of Steel Authority of India Ltd (SAIL) expects to earn a net profit this fiscal after covering for a depreciation of Rs 280 crore and a wage burden of Rs 65 crore.

In the financial year 2000-2001, DSP made enough operating profit to cover its interest liability of around Rs 170 crore fully and posted a cash profit of Rs 58 crore.

Sources said SAIL

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First Published: Mar 15 2002 | 12:00 AM IST

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