SAIL turns black in Q1
7th Aug 2021

Steel Authority of India (SAIL) has reported results for first quarter ended June 30, 2021. 

The company has reported net profit at Rs 3850.02 crore for the quarter under review as compared to net loss of Rs 1270.27 crore for the same quarter in the previous year. Total income of the company reported 2-fold jump at Rs 20752.76 crore for Q1FY22 as compared Rs 9345.21 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported net profit at Rs 3897.35 crore for the quarter under review as compared to net loss of Rs 1226.47 crore for the same quarter in the previous year. Total income of the company reported 2-fold jump at Rs 20754.75 crore for Q1FY22 as compared Rs 9346.21 crore for the corresponding quarter previous year.