<p>Indian state owned steel giant Steel Authority of India Limited has declared that its net profit increased to INR 9597 crore during April-December 2021 22 quarter as against INR 406 crore in April-December 2020 21 as revenue from operations grew by 59% YoY to INR 72,715 crore, driven by best ever production of hot metal, crude steel and saleable steel.</p><p>Revenue- INR 72,715 crore, up 59% YoY</p><p>EBITDA – INR 17581 crore, up 142% YoY</p><p>PBT – INR 12829 crore, up 465% YoY</p><p>PAT – INR 9597 crore, up 2264% YoY</p><p>Hot Metal Production -13.82 million tonne, up 19% YoY</p><p>Crude Steel Production - 12.77 million tonne, up 20% YoY</p><p>Saleable Steel Production - 12.46 million tonne, up 22% YoY</p><p>Revenue 59% at Rs 72,715 Crore in 9M FY’22 over CPLY</p><p>The company has delivered one of its best physical performances during the quarter as well. However, the same is not reflected in the financial performance of Q3 of 2021-22 due to various factors beyond the control of the company which primarily include unprecedented increase in the prices of imported and indigenous coking coal.</p><p>Revenue - INR 25,245 crore, up by 28% YoY</p><p>EBITDA – INR 3,659 crore, down 31% YoY</p><p>PBT - INR 1,931 crore, down 47% YoY</p><p>PAT - INR 1,443 crore, up 12% YoY</p><p>Hot Metal Production - 4.89 million tonne, up 2% YoY</p><p>Crude Steel Production - 4.53 million tonne, up 4% YoY</p><p>Saleable Steel Production -4.37 million tonne, up 5% YoY</p><p>The company’s focus remains to lower its borrowings and this is reflected in the reduction of about 15% over Q2. Borrowings stood at INR 19,128 crore as on 31.12.2021</p>
<p>Indian state owned steel giant Steel Authority of India Limited has declared that its net profit increased to INR 9597 crore during April-December 2021 22 quarter as against INR 406 crore in April-December 2020 21 as revenue from operations grew by 59% YoY to INR 72,715 crore, driven by best ever production of hot metal, crude steel and saleable steel.</p><p>Revenue- INR 72,715 crore, up 59% YoY</p><p>EBITDA – INR 17581 crore, up 142% YoY</p><p>PBT – INR 12829 crore, up 465% YoY</p><p>PAT – INR 9597 crore, up 2264% YoY</p><p>Hot Metal Production -13.82 million tonne, up 19% YoY</p><p>Crude Steel Production - 12.77 million tonne, up 20% YoY</p><p>Saleable Steel Production - 12.46 million tonne, up 22% YoY</p><p>Revenue 59% at Rs 72,715 Crore in 9M FY’22 over CPLY</p><p>The company has delivered one of its best physical performances during the quarter as well. However, the same is not reflected in the financial performance of Q3 of 2021-22 due to various factors beyond the control of the company which primarily include unprecedented increase in the prices of imported and indigenous coking coal.</p><p>Revenue - INR 25,245 crore, up by 28% YoY</p><p>EBITDA – INR 3,659 crore, down 31% YoY</p><p>PBT - INR 1,931 crore, down 47% YoY</p><p>PAT - INR 1,443 crore, up 12% YoY</p><p>Hot Metal Production - 4.89 million tonne, up 2% YoY</p><p>Crude Steel Production - 4.53 million tonne, up 4% YoY</p><p>Saleable Steel Production -4.37 million tonne, up 5% YoY</p><p>The company’s focus remains to lower its borrowings and this is reflected in the reduction of about 15% over Q2. Borrowings stood at INR 19,128 crore as on 31.12.2021</p>
