(a) whether the profit of the Government owned steel companies have reduced
during 2008-09;
(b) if so, details thereof alongwith the reasons therefor; and
(c) the steps taken/proposed to be taken by the Government in this regard?
(a) whether the profit of the Government owned steel companies have reduced
during 2008-09;
(b) if so, details thereof alongwith the reasons therefor; and
(c) the steps taken/proposed to be taken by the Government in this regard?
THE MINISTER OF STATE IN THE MINISTRY OF STEEL(SHRI A. SAI PRATHAP)
(a) Yes, Madam.
(b) The details of Profit Before Tax (PBT) and Profit After Tax (PAT) in respect
of Government owned steel companies namely Steel Authority of India Limited (SAIL)
and Rashtriya Ispat Nigam Limited (RINL) for the years 2007-08 and 2008-09 are
indicated hereunder:
(Rs. in crore) Name of the Company Profits 2007-08 2008-09
SAIL PBT 11469 9404
PAT 7537 6175
RINL PBT 2995 2027
PAT 1943 1336