Question : PROFIT EARNED BY THE STEEL COMPANIES



(a) the profit earned by the steel companies during 2008-09 and 2009-10, year-wise; and

(b) the revenue earned by the Government from the steel sector during the said period?

Answer given by the minister


THE MINISTER OF STATE IN THE MINISTRY OF STEEL (SHRI A. SAI PRATHAP)

(a) The profit earned by the steel companies under Ministry of Steel during 2008-09 is given below:

(Rs. in crore)
Name of the Company	2008-09	2009-10	(Apr-Dec’09)
Steel Authority of India Ltd. (SAIL) Profit After Tax (PAT) 6175.00 4669.00 Rashtriya Ispat Nigam Ltd. (RINL) Profit After Tax (PAT) 1335.57 464.45

(b) The revenue earned by the Government from theses companies during the said period is as under:
(Rs. in crore)
Name of the Company	2008-09	2009-10	(Apr-Dec’09)
Steel Authority of India Contribution to 12395.00 7378.00 Ltd. (SAIL) public exchequer Rashtriya Ispat Nigam Contribution to 2293.00 1177.00 Ltd. (RINL) public exchequer