SAIL’s best ever performance in H1
SAIL has declared its financial results for the quarter and half year ending 30th September, 2023.
The Company has achieved its best ever performance in production and sales for H-1 and Q2 of the current financial year. The crude steel production and sales volume have registereda growth of 9.7% and 17.4% respectively during H1 FY’24 over CPLY. Similarly, in Q2 of this financial year, crude steel production and sales volume haveincreased by 11.6% and 13.3% respectively over CPLY.
The consistent efforts by the Company towards increasing its volumes have had a positive impact on the financial performance despite the significant decline in the price realization in the market. The Company remains committed towards improving capacity utilization, value addition and cost competitiveness besides De-carbonisation efforts.