(a) whether the Steel Authority of India Ltd. (SAIL) is incurring heavy losses, despite continuous Government`s help;
(b) if so, the details alongwith reasons therefor; and
(c) the details of financial support given, so far, to restructure Steel Authority of India Ltd. (SAIL) since April, 2006?
THE MINISTER OF STATE(DR. AKHILESH DAS)IN THE MINISTRY OF STEEL
(a)&(b): No, Sir.The Steel Authority of India Limited has been continuously making substantial profits since 2003 - 04.
The details of annual profit after tax are as under:
Rs. (in crore)
2003-04 2004-05 2005-06 2006-07 Apr-Dec`07
2512 6817 4013 6202 5160