State-owned Steel Authority of India Restricted (SAIL) on Thursday slipped into purple posting a consolidated lack of Rs 329 crore in the course of the quarter ended on September 30, 2022.
It had clocked Rs 4,338.75 crore web revenue in the course of the July-September interval of the previous fiscal, SAIL mentioned in a BSE submitting.
The corporate has additionally reported a fall in its complete revenue at Rs 26,642.02 crore from Rs 27,007.02 crore in the identical quarter a yr in the past.
Its bills elevated to Rs 27,200.79 crore as in opposition to Rs 21,289 crore within the year-ago interval.
SAIL has additionally reported a fall in its crude metal output in addition to gross sales.
Its crude metal output fell to 4.30 million tonnes (MT) in the course of the quarter underneath evaluation from 4.47 MT in July-September interval of FY22. Gross sales shrunk to 4.21 MT from 4.28 MT a yr in the past.
A question looking for chairman’s feedback on the corporate’s monetary and operational efficiency in the course of the September quarter remained unanswered.
SAIL, underneath the Ministry of Metal, is the nation’s largest metal making firm with an put in capability of over 20 million tonnes every year (MTPA).
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