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Steel Authority of India consolidated net profit declines 81.40% in the June 2019 quarter

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Sales decline 6.83% to Rs 14820.89 crore

Net profit of Steel Authority of India declined 81.40% to Rs 102.68 crore in the quarter ended June 2019 as against Rs 551.96 crore during the previous quarter ended June 2018. Sales declined 6.83% to Rs 14820.89 crore in the quarter ended June 2019 as against Rs 15907.53 crore during the previous quarter ended June 2018. ParticularsQuarter EndedJun. 2019Jun. 2018% Var.Sales14820.8915907.53 -7 OPM %10.7216.23 -PBDT1023.071942.32 -47 PBT150.461128.56 -87 NP102.68551.96 -81

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First Published: Aug 10 2019 | 11:28 AM IST

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