InvestorQ : How were the quarterly numbers of SAIL for Q2FY23?
Rutuja Nigam made post

How were the quarterly numbers of SAIL for Q2FY23?

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3 weeks ago
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SAIL dipped into a net loss of Rs329 crore in the second quarter. This contrasts with the net profits of Rs4,339 crore in the year ago quarter. Total income or revenues in the quarter was down 1.35% lower at Rs26,642 crore as were was a fall in crude steel volumes at 4.3 million tonnes and lower price realizations. The company, took a deep hit on the back of a sharp spike in the cost of inputs, especially coking coal. Power costs also spiked higher. SAIL has installed steel capacity of 20 million tonnes per annum (MTPA) and is operating below par.

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