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SAIL declares consolidated net profit of Rs 4339 Crore in Q2 FY’22

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New Delhi, 29th October, 2021: Steel Authority of India Limited (SAIL) declared the financial results of the company for the second quarter (July – Sep’21) and H1 (Apr – Sep’21) of this financial year (FY 2021-22) today.

Key highlights of SAIL’s performance during Q2 FY’22:

§  Crude Steel Production : 4.468 Million Tonnes

§  Saleable Steel Sales : 4.280 Million Tonnes

§  Best ever Quarterly EBITDA, Profit Before Tax (PBT) and Profit After Tax (PAT).

§  Gross borrowings at Rs 22,478 Crore as on 30.09.2021 as against Rs 35,350 Crore as on 31.03.2021, which is a reduction of Rs 12,872 Crore during H1 FY’22

§  Company’s board has approved an interim dividend of Rs 4 per share for FY’22 to the shareholders.

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