News
SAIL posts Rs 463.54 Crore Q3 net profit
New Delhi, February 13, 2023: Steel Authority of India Limited (SAIL) posted its financial performance for the third quarter of the current financial year 2022-23 (Q3 FY 23).
Performance of Q3 FY 23 (Standalone) at a glance:
| Unit | Q3 FY 23 | Q3 FY 22 | |
| Crude Steel Production | Million Tonne | 4.708 | 4.531 |
| Sales Volume | Million Tonne | 4.151 | 3.840 |
| Revenue from Operations | Rs. Crore | 25041.88 | 25245.92 |
| Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) | Rs. Crore | 2197.53 | 3659.41 |
| Profit Before Tax (PBT) | Rs. Crore | 634.69 | 1930.98 |
| Profit After Tax (PAT) | Rs. Crore | 463.54 | 1443.10 |
The company has achieved the best ever quarterly crude steel production during Q3FY23. A press release issued by the company says that, the company has been steadily increasing the crude steel production in the recent months. The sales volume in Q3FY23 also saw an increase over the corresponding period over last year.
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