Steel Authority of India Limited reported earnings results for the fourth quarter ended March 31, 2023. For the fourth quarter, the company reported sales was INR 291,306.6 million compared to INR 307,588.2 million a year ago. Revenue was INR 294,163.9 million compared to INR 311,752.5 million a year ago.

Net income was INR 11,592.1 million compared to INR 24,788.2 million a year ago. Basic earnings per share from continuing operations was INR 2.81 compared to INR 6 a year ago. Diluted earnings per share from continuing operations was INR 2.81 compared to INR 6 a year ago.