Steel Authority of India (SAIL) has reported results for third quarter ended December 31, 2023 (Q3FY24).
The company has reported 28.51% fall in its net profit at Rs 331.40 crore for the third quarter ended December 31, 2023 as compared to Rs 463.54 crore for the same quarter in the previous year. Total income of the company decreased by 6.51% at Rs 23524.02 crore for Q3FY24 as compared Rs 25162.63 crore for corresponding quarter of the previous year.
On consolidated basis, the company has reported 22% fall in net profit at Rs 422.92 crore for Q3FY24 as compared to Rs 542.18 crore for the same quarter in the previous year. Total income of the company decreased by 6.55% at Rs 23492.33 crore for Q3FY24 as compared Rs 25140.16 crore for corresponding quarter of the previous year.