Steel Authority of India (SAIL) has reported results for first quarter ended June 30, 2023 (Q1FY24).
The company has reported 80.70% fall in its net profit at Rs 149.83 crore for the quarter under review as compared to Rs 776.33 crore for the same quarter in the previous year. However, total income of the company increased by 1.92% at Rs 24800.07 crore for Q1FY24 as compared Rs 24334.02 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 73.59% fall in its net profit at Rs 212.48 crore for the first quarter ended June 30, 2023 as compared to Rs 804.50 crore for the same quarter in the previous year. However, total income of the company increased by 2.58% at Rs 24822.83 crore for Q1FY24 as compared Rs 24199.51 crore for the corresponding quarter previous year.
