Steel Authority of India (SAIL) has reported results for first quarter ended June 30, 2022.
The company has reported a fall of 79.84% in its net profit at Rs 776.33 crore for the quarter under review as compared to Rs 3,850.02 crore for the same quarter in the previous year. However, total income of the company increased by 17.26% at Rs 24,334.02 crore for Q1FY23 as compared Rs 20,752.76 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a fall of 79.36% in its net profit at Rs 804.50 crore for the quarter under review as compared to Rs 3,897.36 crore for the same quarter in the previous year. However, total income of the company increased by 16.60% at Rs 24,199.51 crore for Q1FY23 as compared Rs 20,754.75 crore for the corresponding quarter previous year.
