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    HomeNewsBusinessEarningsSAIL may post Q4 loss at Rs 870 cr, realisation may hit topline

    SAIL may post Q4 loss at Rs 870 cr, realisation may hit topline

    Revenue may fall 4 percent to Rs 11,128.84 crore YoY due to lower steel realisations and sales volume may jump 15-20 percent to approximately to 3.6 million tonne.

    May 30, 2016 / 11:51 IST
       
       
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      State-run Steel Authority of India (SAIL) is expected to post loss at Rs 870 crore in Q4 compared to profit of Rs 334 crore in year-ago period, according to average of estimates of analysts polled by CNBC-TV18.

      Weak operational performance, higher interest & depreciation cost may hit bottomline.

      Revenue may fall 4 percent to Rs 11,128.84 crore YoY due to lower steel realisations and sales volume may jump 15-20 percent to approximately to 3.6 million tonne.

      Operating loss is seen at Rs 271 crore against profit of Rs 930 crore on yearly basis.

      Key issues to watch out for would be commissioning of ISP and Bhilai capacity expansion.

      first published: May 30, 2016 08:51 am

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