S.A.L. Steel Limited reported earnings results for the fourth quarter ended March 31, 2023. For the fourth quarter, the company reported sales was INR 1,065.2 million compared to INR 1,853 million a year ago. Revenue was INR 1,123.1 million compared to INR 1,864.8 million a year ago.

Net loss was INR 1.2 million compared to net income of INR 49.5 million a year ago. Basic loss per share from continuing operations was INR 0.01 compared to basic earnings per share from continuing operations of INR 0.58 a year ago. Diluted loss per share from continuing operations was INR 0.01 compared to diluted earnings per share from continuing operations of INR 0.58 a year ago.