Profit of Sail
The Profit before and after Tax of Steel Authority of India Ltd. (SAIL) made during the last five years are as following:-
(Rs. Crore)
|
Financial Year
|
Profit(+)/Loss(-) before Tax (PBT)
|
Profit (+)/Loss(-) After Tax (PAT)
|
|
2016-17
|
-4851
|
-2833
|
|
2017-18
|
-759
|
-482
|
|
2018-19
|
3338
|
2179
|
|
2019-20
|
3171
|
2022
|
|
2020-21
|
6879
|
3850
|
The Return on capital of Steel Authority of India Ltd. for the last five years is as following:-
|
Financial Year
|
Return on Average Capital Employed (%)
|
|
2016-17
|
-3.79
|
|
2017-18
|
3.57
|
|
2018-19
|
10.28
|
|
2019-20
|
9.41
|
|
2020-21
|
11.93
|
The rate of return significantly increased to 11.93% in 2020-21.
This information was given by the Union Minister of Steel Shri Ram Chandra Prasad Singh in a written reply in the Rajya Sabha today
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M.V./A.K.N/S.K.
(Release ID :233327)