From correspondents in Delhi, India, 03:00 PM IST

The profit after tax (PAT) of public sector giant Steel Authority of India Limited (SAIL) was Rs.23.77 billion in the last quarter of fiscal 2007-08, a rise of 24.97 percent from the corresponding quarter in the previous fiscal.

The company announced here Friday that its net profit in the entire fiscal 2007-08 also rose 21.53 percent from the 2006-07 to Rs.75.37 billion.

(Staff Writer, © IANS)