Steel Authority of India Limited (SAIL) has released its Q2 and H1 FY’26 results. H1 FY’26 saw production of 9.503 MT of crude steel and 9.567 MT of saleable steel. Domestic sales stood at 9.280 MT, with total sales at 9.462 MT. The company’s net worth reached Rs. 55973 crore, and PAT was reported at Rs. 1112 crore.
Global Economic and Steel Scenario
The International Monetary Fund (IMF) has increased growth projections for 2025. Global steel demand is expected to increase by 1.2% in 2025. India’s steel demand is projected to be the highest, growing by 8.5%.
Indian Economic Context
India’s GDP growth is projected at 6.5% for FY’25. The Reserve Bank of India (RBI) projects 6.8% GDP growth for FY’26. The World Steel Association projects India’s steel demand to increase by 8.5% in CY2025.
Production Performance
Crude steel production for H1 FY’26 reached 9.5 Million Tonnes, while saleable steel production stood at 9.6 Million Tonnes.
Sales Performance
Sales for H1 FY’26 reached 9.5 million tonnes. Quarterly sales show 4.1 million tonnes in Q2 FY’25, 4.6 million tonnes in Q1 FY’26 and 4.9 million tonnes in Q2 FY’26.
Financial Highlights
Key financial figures for H1 FY’26 (Rs. Crore):
- Sales Turnover: 52254
- Total Income: 53089
- EBITDA: 5754
- PBT After Exceptional Items: 1443
- Profit After Tax: 1112
Sustenance Parameters
SAIL is committed to sustainability. Specific CO2 emissions: 2.54 T/tcs for H1 FY26. Solid Waste Utilisation: 114%. Specific Water Consumption: 2.90 m3/tcs.
Human Resources
Labor productivity reached 629 tcs/man/year. Manpower on 01.10.2025 stood at 51351. Reduction during the year was 1808
Source: BSE