State-owned Steel Authority of India Ltd (SAIL) on Friday posted over two-fold jump in consolidated net profit to Rs 1,644.05 crore in the June quarter, mainly on account of reduced expenses. It had reported a net profit of Rs 744.58 crore in the year-ago quarter, the company said in an exchange filing. SAIL increased its total income to Rs 26,451.21 crore from Rs 26,083.90 crore in Q1FY26. While expenses stood at Rs 24,146.32 crore, down from Rs 25,189.19 crore in April-June of the preceding fiscal.
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