Steel Authority of India · NSE: SAIL · BSE: 500113

Q2 FY23 results · Jul–Sep 2022

Steel Authority of India reported revenue from operations of ₹26,246.34 crore (down 2.2% from Q2 FY22) and net loss of ₹329.36 crore for Q2 FY23 (Jul–Sep 2022), on a consolidated basis.

Consolidated · ₹ crore
Item	Q2 FY23	Q2 FY22	YoY	Q1 FY23	QoQ
Revenue from operations	26,246.34	26,828.01	−2.2%	24,028.62	+9.2%
Other income	395.68	179.01	+121.0%	170.89	+131.5%
Total income	26,642.02	27,007.02	−1.4%	24,199.51	+10.1%
Profit before share of associates & JVs and tax	(558.77)	5,718.02	Turned loss	904.28	Turned loss
Share of profit/(loss) of associates & JVs	116.16	76.84		143.02
Net profit for the period	(329.36)	4,338.75	Turned loss	804.50	Turned loss
EPS, basic (₹)	(0.80)	10.50	Turned loss	1.95	Turned loss
Net margin (%)	-1.3	16.2		3.3

This company reports a share of profit/(loss) from associates and joint ventures. BSE’s filing format records that share after tax, so it is shown on its own line. The company’s own statement may add it before its “profit before tax” line.

Standalone · ₹ crore
Item	Q2 FY23	Q2 FY22	YoY	Q1 FY23	QoQ
Revenue from operations	26,246.31	26,826.92	−2.2%	24,028.59	+9.2%
Other income	441.19	230.61	+91.3%	305.43	+44.4%
Total income	26,687.50	27,057.53	−1.4%	24,334.02	+9.7%
Profit before tax	(515.59)	5,752.89	Turned loss	1,038.30	Turned loss
Net profit for the period	(385.82)	4,303.62	Turned loss	776.33	Turned loss
EPS, basic (₹)	(0.93)	10.42	Turned loss	1.88	Turned loss
Net margin (%)	-1.5	16.0		3.2

Consolidated

Filed with BSE: 11 Nov 2022, 18:11 IST
Board meeting: 10 Nov 2022
Period: 01 Jul 2022 to 30 Sep 2022
Review status: Unaudited
Source: XBRL filing on BSE

Standalone

Filed with BSE: 11 Nov 2022, 18:11 IST
Board meeting: 10 Nov 2022
Period: 01 Jul 2022 to 30 Sep 2022
Review status: Unaudited
Source: XBRL filing on BSE