New Delhi: Steel Authority of India Limited (SAIL) has posted a net profit of Rs 4,339 crore in second quarter of FY 22 ending on 30th September 2021.
The public sector steel.major declared Saturday 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 on31.03.2021, 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