SAIL shares jump over 3% despite Q3 PAT falling 66% YoY

The same was reported at Rs 422 crore in the corresponding quarter of the previous financial year.

The revenue from operations in Q3FY25 stood at Rs 24,490 crore, up 5% over Rs 23,349 crore reported in the corresponding quarter of the last financial year.

On a sequential basis, the profit after tax (PAT) fell by 84% versus Rs 897 crore reported by the state-run company in Q2FY25. Meanwhile, the topline was down 0.75% versus Rs 24,675 crore in the July-September of FY25.

The Earings Before Interest, Tax, Depreciation and Amortisation (EBITDA) stood at Rs 2,389 crore versus Rs 2,319 crore in Q3FY24.

The earnings were announced after market hours and SAIL shares today ended at Rs 99.95 on the NSE, down by Rs 5.23 or 5% over the Monday closing price.Also read: MSCI February Rejig: Hyundai India joins Global Standard Index; IndusInd Bank, PB Fintech and others see weight increase

On a standalone basis, the PAT fell 62% to Rs 126 crore from Rs 331 crore in the year-ago period. The revenue stood at Rs 24,490 crore, up from Rs 23,345 in the October-December quarter of FY24.

The company’s crude steel production in the reported quarter stood at Rs 4.63 million tonne which is lower from 4.75 million tonne in the year-ago period. The sales volume was up from 3.81 million tonnes in Q3FY24 to 4.43 million tonnes in Q3FY25.

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