Steel Authority of India Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 243,591 million compared to INR 240,286.2 million a year ago. Revenue was INR 248,228.3 million compared to INR 241,995.1 million a year ago.

Net income was INR 2,124.8 million compared to INR 8,045 million a year ago. Basic earnings per share from continuing operations was INR 0.51 compared to INR 1.95 a year ago. Diluted earnings per share from continuing operations was INR 0.51 compared to INR 1.95 a year ago.