On a sequential basis, post-tax profits fell 84%, at Rs 897, reported by the state-owned enterprise in Q2FY25. Meanwhile, the topline fell 0.75% from 2023 to September against 24,675 crore.
The government-owned steel company has paid 24,560 crores on Q3FY25. This increased from Rs 23,824 crore and Rs 23,141 crore over the previous year period. These costs include the cost of materials consumed, the purchase of inventory inventory, employee benefits costs, and financial costs.
Revenues were announced after market time, with Sail shares closing today at Rs 99.95 on the NSE, down 5.23 or 5% at Monday’s closing price.
On a standalone basis, PAT fell 62% to Rs 126, down from Rs 331 a year ago. Revenue was Rs 24,490, up from Rs 23,345 in the December quarter of FY22.
The company’s crude steel production for the reported quarter was 4.63 million tons, lower than the previous year’s 4.75 million tons. Sales volume increased from 3.81 million tons for Q3FY24 to 4.43 million tons for Q3FY25. Earnings before interest, tax, depreciation and amortization were Rs 2,389 trillion vs Rs 2,389 versus Rs 2,389 versus Rs 2,389 on Q3FY24.comment. Chair Amarendu Prakash said in the face of a challenging steel market characterized by lower prices and influx of cheap imports, Sail was able to achieve better EBITDA in Q3FY25 compared to last year’s response period I’ve said that.
“We are committed to our commitment to increasing production and cost-effectiveness, but at the same time we are exploring and adopting green technology further. With appropriate interventions, we are addressing the problem of cheap imports and infrastructural development. The government’s driving forces for the country are expected to be abundant. Prakash is further promoted domestic steel industry demand.
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