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

Q3 FY24 results · Oct–Dec 2023

Steel Authority of India reported revenue from operations of ₹23,348.64 crore (down 6.8% from Q3 FY23) and net profit of ₹422.92 crore (down 22.0% from Q3 FY23) for Q3 FY24 (Oct–Dec 2023), on a consolidated basis.

Consolidated · ₹ crore
Item	Q3 FY24	Q3 FY23	YoY	Q2 FY24	QoQ
Revenue from operations	23,348.64	25,042.10	−6.8%	29,712.07	−21.4%
Other income	143.69	98.06	+46.5%	146.12	−1.7%
Total income	23,492.33	25,140.16	−6.6%	29,858.19	−21.3%
Profit before share of associates & JVs and tax	427.98	613.46	−30.2%	1,674.71	−74.4%
Share of profit/(loss) of associates & JVs	134.68	112.45		95.07
Net profit for the period	422.92	542.18	−22.0%	1,305.59	−67.6%
EPS, basic (₹)	1.02	1.31	−22.1%	3.16	−67.7%
Net margin (%)	1.8	2.2		4.4

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	Q3 FY24	Q3 FY23	YoY	Q2 FY24	QoQ
Revenue from operations	23,345.48	25,041.88	−6.8%	29,713.54	−21.4%
Other income	178.54	120.75	+47.9%	173.67	+2.8%
Total income	23,524.02	25,162.63	−6.5%	29,887.21	−21.3%
Profit before tax	460.75	634.69	−27.4%	1,696.20	−72.8%
Net profit for the period	331.40	463.54	−28.5%	1,240.66	−73.3%
EPS, basic (₹)	0.80	1.12	−28.6%	3.00	−73.3%
Net margin (%)	1.4	1.9		4.2

Consolidated

Filed with BSE: 13 Feb 2024, 15:25 IST
Board meeting: 12 Feb 2024
Period: 01 Oct 2023 to 31 Dec 2023
Review status: Unaudited
Source: XBRL filing on BSE

Standalone

Filed with BSE: 13 Feb 2024, 15:25 IST
Board meeting: 12 Feb 2024
Period: 01 Oct 2023 to 31 Dec 2023
Review status: Unaudited
Source: XBRL filing on BSE