Ministry of Steel | Status of Profit of SAIL

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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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