SAIL CRUDE Steel Production Up By 10% In Q4 FY15
SAIL produced 3.72 million tonnes (MT) of crude steel in Q4 which was 10% higher as compared to 3.38 MT over the corresponding period last year (CPLY). The profit After Tax in Q4 FY15 was Rs 334 crore against Rs 453 crore CPLY. At a time when the market conditions were challenging, SAIL has maintained its output and braved the headwinds by improved production, better techno-economic parameters and strategic policy initiatives. In FY 2015, SAIL achieved the highest ever concast production at 10.34 MT with a growth of 6% over the previous best of 9.8 MT achieved last year. The coke rate and specific energy consumption also recorded best ever figures at 504 kg/thm and 6.52 Gcal/tcs respectively in FY 2015.