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

Steel Authority of India Limited (SAIL) declared the financial results of the company for the second quarter

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).

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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