Nonetheless, consolidated web revenue fell 66% YoY to Rs 142 crore, down from Rs 422 crore in Q3FY24. Sequentially, PAT dropped 84% from Rs 897 crore in Q2FY25.
The Earnings Earlier than Curiosity, Tax, Depreciation, and Amortisation (EBITDA) stood at Rs 2,389 crore, in comparison with Rs 2,319 crore in Q3FY24.
On a standalone foundation, PAT fell 62% to Rs 126 crore from Rs 331 crore within the year-ago interval. Income stood at Rs 24,490 crore, up from Rs 23,345 crore within the October-December quarter of FY24.
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The corporate’s crude metal manufacturing within the reported quarter stood at 4.63 million tonnes, which is decrease than the 4.75 million tonnes within the year-ago interval. The gross sales quantity elevated from 3.81 million tonnes in Q3FY24 to 4.43 million tonnes in Q3FY25.Following the Q3 outcomes, home brokerage agency Motilal Oswal maintained its ‘Impartial’ score on the inventory with a revised goal value of Rs 115.”SAIL’s Q3FY25 efficiency has been sturdy, pushed by decrease prices regardless of weak realizations. We elevate our FY25 estimates to include the sturdy efficiency,” Motilal stated.
“SAIL plans to undertake 15 mtpa expansions to extend its capability to 35 mt. Because the capex depth picks up, it is going to restrict the deleveraging efforts forward. At CMP, SAIL trades at 5.4x EV/EBITDA on FY27E and is totally priced at present ranges,” it added.
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At 10:27 am, the inventory was up 4% at Rs 110.1 on the BSE. It has declined 14% in six months however gained 32% in two years.
(Disclaimer: Suggestions, ideas, views and opinions given by the consultants are their very own. These don’t characterize the views of the Financial Instances)
