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of <h1>SAIL Profits Plummet from Rs. 6,170 Crore in 2008-09 to Rs. 632 Crore in Q3 2011-12 Due to Rising Costs.</h1> The Steel Authority of India Limited (SAIL) experienced a decline in profits from 2008-09 to the third quarter of 2011-12, with Profit After Tax falling from Rs. 6,170 crore in 2008-09 to Rs. 632 crore in Q3 2011-12. The decline in 2010-11 was attributed to increased input costs, particularly imported coal, and higher expenses in wages, interest, and royalties. In Q3 2011-12, lower production and sales, along with adverse input prices and foreign exchange variations, further impacted profitability. SAIL is implementing measures to enhance production efficiency, increase value-added products, and reduce costs to improve profitability.
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