State-owned steelmaker SAIL reported a 12% rise in net profit at Rs 543 crore for the quarter ended September 2012. It was Rs 485 crore in the same period a year ago.
However, the total income dipped 3.6% to Rs 11,046 crore as against Rs 11,470 crore in September 2011.
The company's stocks were trading at Rs 83, down 0.6%, on BSE at 1440 hours.