The company's net profit stood at Rs 3,084.54 crore in the year-ago period, it said in a regulatory filing.
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The steel sector is becoming more efficient, environment-friendly and globally competitive supported by various government policies.
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India will secure capital, world-class technology and implement any policy reforms needed to become an international energy leader, Pradhan said at an energy conference in New Delhi.
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US crude inventories rose by 4.3 million barrels in the week ended Nov 1 to 440.5 million barrels.
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Brent crude futures were up 4 cents at $62.17 a barrel at 0330 GMT after gaining 0.7% in the previous session.
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Fund managers are poring over bank research after Aramco on Sunday announced its intention to float on the Riyadh stock market.
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Traders may be taking profits on oil ahead of uncertainty around macro-economic data and US oil inventory reports.
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Bankers have told the Saudi government that investors will likely value the company at around USD 1.5 trillion.
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