New Delhi (10.11.2022): Steel Authority of India Ltd (SAIL) posted its financial performance for the half year and second quarter of the current financial year 2022-23 (H1 FY 23& Q2 FY 23). The margins have been impacted by prices of imported coal and slowing down of demand for steel across economics. Detail of the result as follows: Performance of H1 FY 23 (Standalone) at a glance: Unit H1 FY 23 H1 FY 22 Crude Steel Production Million Tonne 8.63 8.24 Sales Volume Million Tonne 7.36 7.61 Revenue from Operations Rs. Crore 50275 47469 Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) Rs. Crore 3780 13921 Profit Before Tax (PBT) Rs. Crore 523 10898 Profit After Tax (PAT) Rs. Crore 391 8154 Performance of Q2 FY 23 (Standalone) at a glance: Unit Q2 FY 23 Q2 FY 22 Crude Steel Production Million Tonne 4.30 4.47 Sales Volume Million Tonne 4.21 4.28 Revenue from Operations Rs. Crore 26246 26827 Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) Rs. Crore 1174 7248 Profit Before Tax (PBT) Rs. Crore (-) 516 5753 Profit After Tax (PAT) Rs. Crore (-) 386 4304
New Delhi (10.11.2022): Steel Authority of India Ltd (SAIL) posted its financial performance for the half year and second quarter of the current financial year 2022-23 (H1 FY 23& Q2 FY 23). The margins have been impacted by prices of imported coal and slowing down of demand for steel across economics. Detail of the result as follows:
Performance of H1 FY 23 (Standalone) at a glance:
| Unit | H1 FY 23 | H1 FY 22 |
Crude Steel Production | Million Tonne | 8.63 | 8.24 |
Sales Volume | Million Tonne | 7.36 | 7.61 |
Revenue from Operations | Rs. Crore | 50275 | 47469 |
Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) | Rs. Crore | 3780 | 13921 |
Profit Before Tax (PBT) | Rs. Crore | 523 | 10898 |
Profit After Tax (PAT) | Rs. Crore | 391 | 8154 |
Performance of Q2 FY 23 (Standalone) at a glance:
| Unit | Q2 FY 23 | Q2 FY 22 |
Crude Steel Production | Million Tonne | 4.30 | 4.47 |
Sales Volume | Million Tonne | 4.21 | 4.28 |
Revenue from Operations | Rs. Crore | 26246 | 26827 |
Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) | Rs. Crore | 1174 | 7248 |
Profit Before Tax (PBT) | Rs. Crore | (-) 516 | 5753 |
Profit After Tax (PAT) | Rs. Crore | (-) 386 | 4304 |