Steel Authority of India (SAIL) has reported results for third quarter ended December 31, 2019.
The company has reported net loss of Rs 429.62 crore for the quarter under review against net profit of Rs 616.30 crore for the same quarter in the previous year. However, total income of the company increased by 5.14% at Rs 16,727.94 crore for Q3FY20 as compared Rs 15,910.45 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported net loss of Rs 343.57 crore for the quarter under review against net profit of Rs 638.79 crore for the same quarter in the previous year. However, total income of the company increased by 5.08% at Rs 16,714.87 crore for Q3FY20 as compared Rs 15,906.68 crore for the corresponding quarter previous year.
