SAIL Q3 net profit slumps 21% to Rs 423 crore

3 weeks ago

SAIL Q3 results: Revenue for the quarter stood at Rs 23,348.64 crore, down six percent from Rs 25042,10 crore a year ago, the company said in an exchange filing

Team Moneycontrol

February 12, 2024 / 07:43 PM IST

SAIL swung to profit last quarter on improved demand.

SAIL swung to profit last quarter on improved demand.

Steel Authority of India Ltd reported a lower consolidated net profit at Rs 422.92 crore for the December quarter against a net profit of Rs 542.18 crore in the same quarter last year.

Revenue from operations for the quarter stood at Rs 23,348.64  crore, down six percent from Rs 25,042.10 crore a year ago, SAIL said in an exchange filing on February 12.

(This is a developing story, please come back for more updates)

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