Steel Authority of India (SAIL) reported a 66% drop in standalone net profit at Rs 142 crore for Q3FY25, compared to Rs 422 crore a year ago. Revenue rose 5% to Rs 24,490 crore. Expenses increased, and profit after tax fell 84% sequentially. SAIL Chairman emphasized a focus on boosting production and addressing import issues amid challenging market conditions.
Geopolitics, crude risk and the IT conundrum: Sridhar Sivaram on why investors may need to stay selective
Geopolitical tensions in West Asia are creating market uncertainty, impacting energy supplies and capital flows. While Indian equities have shown resilience, prolonged conflict could significantly