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

New Delhi. Asal Baat News. The Steel Authority of India Limited (SAIL), under Ministry of Steel has declared the financial results of the co...

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New Delhi.

Asal Baat News.

The Steel Authority of India Limited (SAIL), under Ministry of Steel has 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.

SAIL’s Financial Performance at a glance

                                                                                                                        (In Rs. Crore)

	Standalone				Consolidated
	Q1 FY’22	Q2 FY’22	H1 FY’22	H1 FY’21	Q1 FY’22	Q2 FY’22	H1 FY’22	H1 FY’21
Revenue from Operations	20642	26827	47469	25991	20643	26828	47471	25993
EBITDA	6674	7248	13921	1973	6741	7290	14031	2078
PBT	5145	5753	10898	(1374)	5212	5795	11007	(1270)
PAT	3850	4304	8154	(877)	3897	4339	8236	(790)