New Delhi: Steel Authority of India Limited (SAIL) has declared its financial results today for the quarter and year ending 31st March, 2026.
Key highlights in FY’26:
- Best ever production and sales volume
- Highest ever revenue from operations
- Crude steel production grew by 1.4% in FY’26 over CPLY from 19.17 to 19.43 million tonnes (MT)
- Sales volume grew by 11.4% as the company increased market outreach, inventory reduction and improved dispatches
- Profit After Tax (PAT) soared by ~ 50.5%, highlighting operational efficiency, liquidation of inventory and cost optimization
- Reduction in debt by Rs. 8148 crore over CPLY
- The Board of Directors has recommended a final dividend of Rs. 2.35/- (23.5%) per fully paid-up Equity Share of Rs.10/- each for the year ended 31st March 2026
Performance of Q4 FY 26 (Standalone) at a glance:
| Unit | Q4 24-25 | Q3 25-26 | Q4 25-26 | |
| Crude Steel Production | Million Tonne | 5.09 | 4.85 | 5.08 |
| Sales Volume | Million Tonne | 5.33 | 5.15 | 5.32 |
| Revenue from Operations | Rs. Crore | 29,316 | 27,371 | 30,813 |
| Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) | Rs. Crore | 3,781 | 2,630 | 4,762 |
| Profit Before Exceptional Items and Tax | Rs. Crore | 1,593 | 568 | 2,653 |
| Exceptional Items | Rs. Crore | (29) | 0 | (330) |
| Profit Before Tax (PBT) | Rs. Crore | 1,564 | 568 | 2,324 |
| Profit After Tax (PAT) | Rs. Crore | 1,178 | 442 | 1,680 |
Performance of FY 2025-26 (Standalone) at a glance:
| Unit | 2024-25 | 2025-26 | |
| Crude Steel Production | Million Tonne | 19.17 | 19.43 |
| Sales Volume | Million Tonne | 17.89 | 19.93 |
| Revenue from Operations | Rs. Crore | 1,02,478 | 1,10,810 |
| Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) | Rs. Crore | 11,764 | 13,146 |
| Profit Before Exceptional Items and Tax | Rs. Crore | 3,321 | 5,002 |
| Exceptional Items | Rs. Crore | (313) | (668) |
| Profit Before Tax (PBT) | Rs. Crore | 3,009 | 4,334 |
| Profit After Tax (PAT) | Rs. Crore | 2,148 | 3,233 |
The company delivered a strong performance across all key metrics in FY 2025–26, underscoring the robustness and resilience of its core business operations. Improved sales volumes, alongside a reduction in inventory and borrowings, and better techno-economic parameters – such as enhanced blast furnace productivity and optimized energy consumption- have significantly strengthened operational efficiency and profitability. Notably, despite supply chain disruptions arising from the evolving geopolitical situation, the company demonstrated agility by optimally utilizing its resources and maintaining performance momentum.
The CMD of Steel Authority of India Limited, Dr. A.K. Panda, said, “Our performance reflects the inherent strength of our core operations, supported by focused efforts to expand market presence and align our product portfolio with evolving demand. The growth in sales volumes, coupled with a reduction in inventory and borrowings, has reinforced our profitability, with PBT and PAT registering growth of 44% and 50.5% over the corresponding previous year, respectively. Going forward, we will place sharper emphasis on increasing the share of value-added and special steel in our portfolio. The encouraging outlook for domestic steel consumption, driven by sustained infrastructure development, augurs well for our expansion plans. We remain committed to delivering consistent value and long-term growth to our stakeholders.”
