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SAIL reports 4% rise in Q3 consolidated net profit

10 Feb 2022 Evaluate

Steel Authority of India (SAIL) has reported results for third quarter ended December 31, 2021.

The company has reported a rise of 12.47% in its net profit at Rs 1,443.10 crore for the quarter under review as compared to Rs 1,283.17 crore for the same quarter in the previous year. Total income of the company increased by 27.16% at Rs 25,494.89 crore for Q3FY22 as compared Rs 20,049.20 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 4.11% in its net profit at Rs 1,528.54 crore for the quarter under review as compared to Rs 1,468.20 crore for the same quarter in the previous year. Total income of the company increased by 27.01% at Rs 25,398.37 crore for Q3FY22 as compared Rs 19,997.31 crore for the corresponding quarter previous year.

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