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SAIL declares Q1 results for FY’23, posts over 16% quarterly revenue growth YoY

New Delhi, August 10, 2022: Steel Authority of India Limited (SAIL) posted its financial performance for the first quarter of the current financial year 2022-23 (Q1 FY 23). The company saw a growth of 16.4% in its revenue from operations in Q1 FY23 over corresponding period last year. 

Performance of Q1 FY 23 at a glance:

 UnitQ1 22-23Q1 21-22
Crude Steel Production Million Tonne4.333.77
Sales VolumeMillion Tonne3.153.33
Revenue from OperationsRs. Crore2402920642
Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA)Rs. Crore26066674
Profit Before Tax (PBT) Rs. Crore10385145
Profit After Tax (PAT)Rs. Crore7763850