SAIL’s Financial Results For FY’22 Out, Revenue Crosses One Lakh Crore, Best ever profitability
- Indian Masterminds Bureau
- Published on 25 May 2022, 11:57 am IST
- 1 minute read
Highlights
SAIL’s consolidated revenue from operations rose 32% to Rs 30,759 cr
India’s one of the PSU, Steel Authority of India Limited (SAIL) has declared its financial results for the quarter and year ending 31st March, 2022. During FY’22, the company has clocked its best-ever performance in production and sales while achieving an all-time high revenue from operation of Rs.1,03,473 Crore and EBITDA of Rs.22,364 crore. This performance, backed by an uptick in steel demand and positive business outlook, is an outcome of collaborative and concerted efforts for enhancing production and improve techno-economics parameters while seizing possible opportunities in the market place.
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