News
SAIL posts Rs 3,645 cr Profit Before Tax
The Steel Authority of India Limited (SAIL) registered Rs 3,645 crore Profit Before Tax during Q3FY21 marking a substantial growth over the corresponding period last year.
The Maharatna steelmaker declared its financial performance results for the third quarter of current financial year (Q3 FY21) and nine months (9M FY21) ending December 31, on January 29.
The hot metal production of the company was at 4.8 MT, during the quarter, a growth of 12 pc over CPLY. While the crude steel production was at 4.37 MT, the saleable steel production was at 4.15 MT, a growth of 9 pc and 6 pc over CPLY. The sales (domestic + exports) at 4.15 MT witnessed a growth of around 1 pc over CPLY.
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