Steel Authority of India Limited reported earnings results for the fourth quarter and full year ended March 31, 2024. For the fourth quarter, the company reported sales was INR 279,585.2 million compared to INR 291,306.6 million a year ago. Revenue was INR 282,719.4 million compared to INR 294,163.9 million a year ago. Net income was INR 11,256.8 million compared to INR 11,592.1 million a year ago. Basic earnings per share from continuing operations was INR 2.73 compared to INR 2.81 a year ago. Diluted earnings per share from continuing operations was INR 2.73 compared to INR 2.81 a year ago.
For the full year, sales was INR 1,053,783.3 million compared to INR 1,044,477.2 million a year ago. Revenue was INR 1,064,452.9 million compared to INR 1,063,980.8 million a year ago. Net income was INR 30,666.7 million compared to INR 21,765.3 million a year ago. Basic earnings per share from continuing operations was INR 7.42 compared to INR 5.27 a year ago. Diluted earnings per share from continuing operations was INR 7.42 compared to INR 5.27 a year ago.