SAIL FY25 net profit falls 23% to Rs 2,371 crore

Steel Authority of India Limited's consolidated bottomline saw a 22.66% decline for fiscal year 2024-25. The total income stood at Rs 1.03 lakh crore. The Board proposed a final dividend of Rs 1.60 per share. However, the company reported a strong...

Agencies
Steel Authority of India Limited (SAIL) reported a 22.66% annual decline in consolidated bottomline at Rs 2371.80 crore for fiscal 2024-25. Total income for the year under review stood at Rs 1.03 lakh crore. The Company Board has proposed a final dividend of Rs 1.60 per share (face value Rs. 10 per share), subject to the approval of Shareholders.

SAIL reported a strong fourth quarter, registering a consolidated net profit of Rs 1250.98 crore, 11.13% higher than the same period of fiscal 2023-24.

Commenting on the results, SAIL Chairman and Managing Director, Amarendu Prakash said, “Amidst challenges posed by international tariffs and import pressures, which was present in the last quarter of FY25, our robust performance reflects our ability to navigate complexities while strengthening our position.“

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