BOKARO, Feb. 13 -- Steel Authority of India Limited (SAIL) has declared its financial results for the third quarter (Q3) and the nine-month period (9M) ending 31st December 2024.

In Q3 FY25, SAIL's revenue from operations stood at Rs.24,490 crore, reflecting an increase from Rs.23,345 crore in Q3 FY24. Sales volume also saw an improvement, reaching 4.43 million tonnes, up from 3.81 million tonnes in the same period last year. EBITDA improved slightly to Rs.2,389 crore from Rs.2,319 crore in Q3 FY24. However, profit after tax (PAT) declined to Rs.126 crore from Rs.331 crore in Q3 FY24, primarily due to external market challenges.

For the nine-month period of FY25, revenue from operations was Rs.73,162 crore, compared to Rs.77,417 crore in ...