Steel Authority Of India
Limited (SAIL) is quite well known for its rapidly improving balance sheet year on year. The company had yet another stupendous financial year 2006-07 with a turnover of Rs.391.89 billion (growth of 21% y-o-y) & net profit after tax of Rs.62 billion (growth of 55% y-o-y). Chairman S.K. Roongta, while highlighting the inner strengths of the company further reiterated, “We (SAIL) are determined to make optimum use of our resources.” And SAIL has been quite bullish on environmentally sustainable growth for which it recently received a CSR award.
Limited (SAIL) is quite well known for its rapidly improving balance sheet year on year. The company had yet another stupendous financial year 2006-07 with a turnover of Rs.391.89 billion (growth of 21% y-o-y) & net profit after tax of Rs.62 billion (growth of 55% y-o-y). Chairman S.K. Roongta, while highlighting the inner strengths of the company further reiterated, “We (SAIL) are determined to make optimum use of our resources.” And SAIL has been quite bullish on environmentally sustainable growth for which it recently received a CSR award.For Complete IIPM Article, Click on IIPM Article
Source: IIPM Editorial, 2007
