New Delhi: Steel Authority of India Limited (SAIL), the state-owned Maharatna PSU, has announced its financial results for the half-year ended September 30, 2025 (H1 FY’26), showcasing resilient operational strength and improved profitability. The company maintained steady crude steel production while significantly expanding its sales outreach, resulting in robust financial performance despite global pricing challenges.
Key Highlights – H1 FY’26 (Standalone):
- Crude steel production: 9.50 million tonnes (vs. 9.46 MT in H1 FY’25)
- Sales volume: 9.46 million tonnes, up 16.7% YoY
- Revenue from operations: ₹52,625 crore, up from ₹48,672 crore
- EBITDA: ₹5,754 crore (vs. ₹5,593 crore)
- Profit Before Tax (PBT): ₹1,443 crore (vs. ₹1,127 crore)
- Profit After Tax (PAT): ₹1,112 crore, up ~32% from ₹844 crore
- Debt reduced to ₹26,427 crore, aligning with the company’s target to return to March 2023 levels
The company attributed its performance to high capacity utilization, expanded retail outreach, and strategic cost optimization. Despite volatility in global steel markets, SAIL achieved a notable increase in sales volume, reinforcing its market position and operational agility.
Commenting on the results, the Chairman and Managing Director of SAIL stated, “H1 FY’26 performance demonstrates SAIL’s consistency across both operational and financial metrics. With steely resolve and collective team efforts, we have achieved significant increase in sales volume despite the volatility in global steel markets. Coupled with the drive towards efficiency improvement and cost rationalisation, this translated into robust financial performance.”
Looking ahead, SAIL reaffirmed its commitment to supporting India’s transition to a low-carbon economy. The company plans to pursue sustainable profitability through product diversification, customer-centric strategies, digitalisation, and strategic expansion initiatives.
