India’s leading state owned steelmaker Steel Authority of India Limited has achieved the best ever quarterly crude steel production during October-December quarter of 2022 as the company has been steadily increasing the crude steel production in the recent months. Crude Steel Production - 4.71 million tonne, up 4% YoYSales Volume - 4.15 million tonne, up 8% YoYOn the financial front SAIL has reported YoY decline. SAIL said “The challenging global situation and economic scenario all over the world had its impacts on the steel prices affecting the margins of the steelmakers.”Revenue – INR 25042 crore, down 1% YoYEBITDA – INR 2198 crore, down 40% YoYProfit after Tax – INR 464 crore, down 68% YoY
India’s leading state owned steelmaker Steel Authority of India Limited has achieved the best ever quarterly crude steel production during October-December quarter of 2022 as the company has been steadily increasing the crude steel production in the recent months. Crude Steel Production - 4.71 million tonne, up 4% YoYSales Volume - 4.15 million tonne, up 8% YoYOn the financial front SAIL has reported YoY decline. SAIL said “The challenging global situation and economic scenario all over the world had its impacts on the steel prices affecting the margins of the steelmakers.”Revenue – INR 25042 crore, down 1% YoYEBITDA – INR 2198 crore, down 40% YoYProfit after Tax – INR 464 crore, down 68% YoY
