Steel Authority of India reports standalone net loss of Rs 342.84 crore in the September 2019 quarter

Sales decline 15.50% to Rs 14127.44 crore

Net loss of Steel Authority of India reported to Rs 342.84 crore in the quarter ended September 2019 as against net profit of Rs 553.69 crore during the previous quarter ended September 2018. Sales declined 15.50% to Rs 14127.44 crore in the quarter ended September 2019 as against Rs 16718.04 crore during the previous quarter ended September 2018. ParticularsQuarter EndedSep. 2019Sep. 2018% Var.Sales14127.4416718.04 -15 OPM %8.2114.15 -PBDT378.111708.30 -78 PBT-523.03882.16 PL NP-342.84553.69 PL

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