India: SAIL posts splendid Q3 earnings

Steel Authority of India (SAIL) reported a significant increase in its key performance indicators for Q3 FY ’21. The company’s EBIDTA stands at INR 5,294 crores, up by a humongous 346% annually, while PAT grew by a whopping 398% annually to INR 1,283 crores. A rapid recovery in the sectors like infrastructure, construction, and manufacturing boosted the earnings, as per the company’s press release.


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *