<p>Shares of SAIL on Monday rallied over 13 per cent after the company reported an over 10-fold jump in its consolidated net profit for the second quarter ended September 2021.</p>.<p>The stock zoomed 13.34 per cent to Rs 130.35 on BSE.</p>.<p>On NSE, it jumped 13.20 per cent to Rs 130.30.</p>.<p>The domestic steel giant on Friday reported an over 10-fold jump in its consolidated net profit at Rs 4,338.75 crore for the second quarter ended September 2021.</p>.<p><strong>Also Read | <a href="https://www.deccanherald.com/business/sail-postpones-commercial-production-of-hh-rails-in-absence-of-foreign-experts-amid-covid-999480.html">SAIL postpones commercial production of HH rails in absence of foreign experts amid Covid </a></strong></p>.<p>The company had posted Rs 436.52 crore net profit in the year-ago quarter, Steel Authority of India Ltd (SAIL) said in a regulatory filing.</p>.<p>During the July-September period, the company said its total consolidated income also increased to Rs 27,007.02 crore, from Rs 17,097.57 crore in the corresponding quarter of the previous fiscal.</p>.<p>SAIL's expenses during the quarter were at Rs 21,289 crore as against Rs 16,733.63 crore a year ago.</p>.<p>On a standalone basis, the company posted a net profit of Rs 4,303.62 crore during the quarter.</p>.<p>It had registered a net profit of Rs 393.32 crore during the same quarter last year.</p>.<p><strong>Watch the latest DH Videos here:</strong></p>
<p>Shares of SAIL on Monday rallied over 13 per cent after the company reported an over 10-fold jump in its consolidated net profit for the second quarter ended September 2021.</p>.<p>The stock zoomed 13.34 per cent to Rs 130.35 on BSE.</p>.<p>On NSE, it jumped 13.20 per cent to Rs 130.30.</p>.<p>The domestic steel giant on Friday reported an over 10-fold jump in its consolidated net profit at Rs 4,338.75 crore for the second quarter ended September 2021.</p>.<p><strong>Also Read | <a href="https://www.deccanherald.com/business/sail-postpones-commercial-production-of-hh-rails-in-absence-of-foreign-experts-amid-covid-999480.html">SAIL postpones commercial production of HH rails in absence of foreign experts amid Covid </a></strong></p>.<p>The company had posted Rs 436.52 crore net profit in the year-ago quarter, Steel Authority of India Ltd (SAIL) said in a regulatory filing.</p>.<p>During the July-September period, the company said its total consolidated income also increased to Rs 27,007.02 crore, from Rs 17,097.57 crore in the corresponding quarter of the previous fiscal.</p>.<p>SAIL's expenses during the quarter were at Rs 21,289 crore as against Rs 16,733.63 crore a year ago.</p>.<p>On a standalone basis, the company posted a net profit of Rs 4,303.62 crore during the quarter.</p>.<p>It had registered a net profit of Rs 393.32 crore during the same quarter last year.</p>.<p><strong>Watch the latest DH Videos here:</strong></p>