Skip to main content

Bharat Neeti

BHARAT NEETI

Be Ahead With Economy And Policy Updates

BHARAT NEETI

Be Ahead With Economy And Policy Updates

SAIL declares financial results for Q1 FY27, posts strong profit

(Image courtesy: SAIL)
WhatsApp
Copy link
URL has been copied successfully!

New Delhi: Steel Authority of India Limited (SAIL) has declared its financial results today on 24th July, 2026 for the quarter ending 30th June, 2026.

 

Performance of Q1FY27 at a glance:

Particulars Unit Q1 25-26 Q4 25-26 Q1 26-27
Crude steel production Million Tonnes 4.85 5.08 4.76
Sales volume Million Tonnes 4.55 5.32 4.16
Revenue from operations Rs. Crore 25,921 30,813 26,246
Earnings before interest, tax, depreciation and amortization (EBITDA) Rs. Crore 2,925 4,762 4,356
Profit before exceptional items and tax Rs. Crore 890 2,653 2,303
Exceptional items Rs. Crore 0 (330) (144)
Profit before tax (PBT) Rs. Crore 890 2,324 2,159
Profit after tax (PAT) Rs. Crore 685 1,680 1,636

 

The company reported strong profitability in Q1FY27, with net profit rising by over 138% compared to the corresponding period last year (CPLY). During Q1FY27, SAIL moderated volumes compared to CPLY by advancing certain scheduled repairs and maintenance during the quarter, a step necessitated by geopolitical volatility that disrupted the supply chain across the globe. This forward‑looking & planned intervention is expected to support greater production stability and improved performance in the coming quarters.

 

Commenting on the results of the first quarter of the current financial year, Chairman & Managing Director, SAIL, Dr. Ashok Kumar Panda said, “Amid global uncertainties, the domestic steel industry demonstrated resilience backed by sustained demand in domestic steel consumption. SAIL, through enhanced operational efficiencies, prudent cost management and focused marketing initiatives, has delivered a significantly profitable first quarter in FY27. The company remains confident of leveraging robust manufacturing capabilities and continues to strengthen performance while capitalizing on the sustained domestic steel demand.”

You are warmly welcomed to India’s first On-Demand News Platform. We are dedicated to fostering a democracy that encourage diverse opinions and are committed to publishing news for all segments of the society. If you believe certain issues or news stories are overlooked by mainstream media, please write to us. We will ensure your news is published on our platform. Your support would be greatly appreciated if you could provide any relevant facts, images, or videos related to your issue.

Contact Form Demo