New Delhi । Steel Authority of India Limited (SAIL) has declared its financial results today for the quarter and nine month ending 31st December, 2024.

Key highlights:

Performance of Q3 FY 25 (Standalone) at a glance:


Unit

Q3 23-24

Q2 24-25

Q3 24-25

Crude Steel Production

Million Tonne

4.75

4.78

4.63

Sales Volume

Million Tonne

3.81

4.10

4.43

Revenue from Operations

Rs. Crore

23,345

24,675

24,490

Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA)

Rs. Crore

2,319

3,174

2,389

Profit Before Exceptional Items and Tax

Rs. Crore

384

1,113

289

Exceptional Items

Rs. Crore

76

0

29

Profit Before Tax (PBT)

Rs. Crore

461

1,113

318

Profit After Tax (PAT)

Rs. Crore

331

834

126

Performance of 9M FY 25 (Standalone) at a glance:


Unit

9M 23-24

9M 24-25

Crude Steel Production

Million Tonne

14.22

14.08

Sales Volume

Million Tonne

12.46

12.54

Revenue from Operations

Rs. Crore

77,417

73,162

Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA)

Rs. Crore

8,451

7,983

Profit Before Exceptional Items and Tax

Rs. Crore

2,698

1,728

Exceptional Items

Rs. Crore

(339)

(283)

Profit Before Tax (PBT)

Rs. Crore

2,359

1,445

Profit After Tax (PAT)

Rs. Crore

1,722

970

SAIL’s revenue from operations and sales volume increased during the third quarter of the current financial year, along with a slight improvement in EBITDA compared to the corresponding period last year.

Commenting on the financial results, Chairman SAIL, Shri Amarendu Prakash said, “In the face of a challenging steel market characterized by declining prices and an influx of cheap imports, SAIL has managed to achieve better EBITDA during the Q3FY25 compared to the corresponding period last year. We remain steadfast in our commitment to boost production and enhance cost efficiency, while simultaneously further explore and adopt greener technologies. We expect that with appropriate interventions, the issue of cheap imports will be addressed and government’s drive on infrastructure development will bode well for the domestic steel industry while driving the demand further”.