SAIL records turnover of over Rs 1 lakh crore - New Delhi News
by IANS | Updated Sep 28, 2022
During the Maharatna company's annual general meeting on Wednesday, it was informed that for the first time, it entered the elite club of Indian companies having a turnover of over Rs 1 lakh crore.
The company's turnover of Rs 1.03 lakh crore during 2021-22 saw a substantial growth of more than 50 per cent over the previous best turnover of Rs 68,452 crore, achieved during 2020-21.
The increase in turnover coupled with improved operational performance, helped the company achieve its highest-ever numbers in terms of profitability, Chairperson Soma Mondal informed shareholders during the meeting, which was held virtually.