Steel Authority Of India Limited SAIL will release its quarter 3 results on 12 February 2024, Monday. The company deals in steel manufacturing and is among the largest steel-producing companies. SAIl is going to release its quarter results soon on 12 February 2024. We will share SAIL Q3 results 2024 financial stats below. The company had a fall in the profits in Q3 previous year. However, they increased the profitability in the upcoming quarter.
SAIL Q3 Results 2024 Revenue, Net Profit, Sales Report and Profit After Tax (PAT)
Steel Authority of India Limited SAIL Q3 results 2024 will be released today on 12 February 2024. The company is doing well in every quarter. It expects to grow in the upcoming quarters as well. Apart from the results, the company’s share also fell after the announcement. Let us explore more about the quarter results of SAIL’s previous quarter below.
SAIL Q3 2023 had a revenue from operations of Rs. 25041.88 Crore, which fell slightly from Rs. 25,245.92 Crore in Q3 2022. The EBITDA was Rs. 2197.53 Crore in Q3 fell from Rs. 3659.41 Crore in Q3 2022. The company made a PAT (Profit After Tax) of Rs. 463.54 Crore in the previous year. While the company had Q3 2022 of Rs. 1,443.10 Crore at that time. The company released the quarter results on 13 February 2023.
SAIL Q2 2024 was also profitable. The revenue from the operation of the company was Rs. 29,712.07 crore. It increased on a YoY basis and QoQ basis as well. The quarter made a Profit of 1,305. Crore profit, which increased on a QoQ basis. It recovered from the loss in the previous quarter as well. SAIL Q3 expects a high jump in profits. The company was supposed to make many times high profit in the quarter 2. However, it fell because of a loss to the company.
SAIL shares are said to be falling at a high pace. The company’s share fell by almost 4% in the last trade session. It closed at Rs. 133.50 on Friday’s trade session. However, it opened higher at Rs. 139.25. The company has a market cap of Rs. 55.18 T Cr. with a 52-week high of Rs. 150 and a 52-week low of Rs. 77.60. The shares tend to maintain the same Pace. We will share more information about the release of the SAIL Q3 results 2024 as soon as it is released. Stay tuned for more market updates on our website.