IncPres - Company News and Business Information
No Result
View All Result
No Result
View All Result
IncPres - Company News and Business Information
No Result
View All Result
Home India

SAIL declares Q3 results for financial year 2022-23, posts net profit of Rs 463.54 Crore

photoact by photoact
February 23, 2023
in India
0
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


New Delhi, 13th February, 2023: Steel Authority of India Limited (SAIL) posted its financial performance for the third quarter of the current financial year 2022-23 (Q3 FY 23).

Performance of Q3 FY 23 (Standalone) at a glance:

 

Unit

Q3 FY 23

Q3 FY 22

Crude Steel Production

Million Tonne

4.708

4.531

Sales Volume

Million Tonne

4.151

3.840

Revenue from Operations

Rs. Crore

25041.88

25245.92

Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA)

Rs. Crore

2197.53

3659.41

Profit Before Tax (PBT)

Rs. Crore

634.69

1930.98

Profit After Tax (PAT)

Rs. Crore

463.54

1443.10

The company has achieved the best ever quarterly crude steel production during Q3FY23.The company has been steadily increasing the crude steel production in the recent months. The sales volume in Q3FY23 also saw an increase over the corresponding period over last year.

The challenging global situation and economic scenario all over the world had its impacts on the steel prices affecting the margins of the steelmakers. However, with the government’s focus on enhancing capital expenditure in infrastructure sector, the domestic steel consumption is expected to witness an increase in the short to medium term.



Source link

Related

SAIL records best ever monthly production in January 2023 Crude Steel production shows an impressive growth over previous best

SAIL records best ever monthly production in January 2023 Crude Steel production shows an impressive growth over previous best

New Delhi, 10th November, 2022: Steel Authority of India Limited (SAIL) posted its financial performance for the half year and second quarter of the current financial year 2022-23 (H1 FY 23& Q2 FY 23).

Tags: Steel Authority of India
ShareTweetShareSendSharePinShareSend

RelatedNews

SAIL records best ever monthly production in January 2023 Crude Steel production shows an impressive growth over previous best

by photoact
March 8, 2023
0

New Delhi / 03rd February, 2023: Steel Authority of India Limited (SAIL) – a maharatna PSU under the Ministry of...

SAIL records best ever monthly production in January 2023 Crude Steel production shows an impressive growth over previous best

by photoact
February 27, 2023
0

New Delhi / 03rd February, 2023: Steel Authority of India Limited (SAIL) – a maharatna PSU under the Ministry of...

New Delhi, 10th November, 2022: Steel Authority of India Limited (SAIL) posted its financial performance for the half year and second quarter of the current financial year 2022-23 (H1 FY 23& Q2 FY 23).

by photoact
February 24, 2023
0

New Delhi, 10th November, 2022: Steel Authority of India Limited (SAIL) posted its financial performance for the half year and...

SAIL declares Q3 results for financial year 2022-23, posts net profit of Rs 463.54 Crore

by photoact
February 16, 2023
0

New Delhi, 13th February, 2023: Steel Authority of India Limited (SAIL) posted its financial performance for the third quarter of...

New Delhi, 10th November, 2022: Steel Authority of India Limited (SAIL) posted its financial performance for the half year and second quarter of the current financial year 2022-23 (H1 FY 23& Q2 FY 23).

by photoact
February 14, 2023
0

New Delhi, 10th November, 2022: Steel Authority of India Limited (SAIL) posted its financial performance for the half year and...

SAIL undertakes CSR on International Day of Persons with Disabilities with distribution of assistive device

by photoact
December 7, 2022
0

New Delhi, 03rd December, 2022: On the ‘International Day of Persons with Disabilities’ on 3rd December, 2022 Steel Authority of...

ADANI Adani Enterprises Adani Group Aditya Birla Group Airtel Ambuja Cement Apollo Hospitals Apple Inc Aster DM Healthcare Bajaj Auto Bank of America Cigna Corporation Cognizant India Dabur India Dalmia Bharat Exxon Mobil FedEx Corp General Electric Godrej Group HAL Home Depot ICICI Bank Indian Bank Infosys JPMorgan Chase & Co Kubota Corporation L&T Mahindra & Mahindra Meta Platforms Microsoft National Aluminium Company Nestle India Royal Dutch Shell Samsung Global Saudi Aramco Standard Chartered Bank Steel Authority of India Sun Pharma Tata Consumer Products Tata Motors Tata Power Tata Steel UltraTech Limited Verizon Communications Voltas Limited

    © 2022 incPres.com

    No Result
    View All Result

      © 2022 incPres.com