Steel Authority of India Reports Strong Financial Performance for H1 FY’26

Steel Authority of India Limited (SAIL) announced its financial results for the half-year ended September 30, 2025, highlighting resilient operational performance and enhanced profitability. Sales volume increased by 16.7%, and revenue from operations exceeded ₹52,600 crore. Profit After Tax (PAT) increased by approximately 32%, reflecting improved operational efficiency and cost management. The company’s debt decreased to ₹26,427 crore.

Production and Sales

SAIL maintained a steady crude steel production of 9.5 million tonnes in H1 FY’26. The company’s sales volume increased by 16.7% due to increased retail and other consumer outreach.

Financial Highlights

Key financial figures for the period include:

  • Revenue from operations: Crossed ₹52,600 crore
  • Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA): ₹5,754 crore
  • Profit Before Tax (PBT): ₹1,443 crore
  • Profit After Tax (PAT): ₹1,112 crore, a rise of approximately 32%
  • Debt: Decreased to ₹26,427 crore

Segment-Wise Revenue

Key contributions to the total segment revenue include:

  • Bhilai Steel Plant: ₹15,172.08 crore
  • Durgapur Steel Plant: ₹5,427.34 crore
  • Rourkela Steel Plant: ₹12,219.82 crore
  • Bokaro Steel Plant: ₹12,462.15 crore
  • IISCO Steel Plant: ₹6,108.01 crore

Key Ratios

  • Debt-Equity Ratio: 0.60
  • Debt Service Coverage Ratio: 3.48
  • Interest Service Coverage Ratio: 2.25
  • Current Ratio: 0.84

Additional Information

The statement also includes details on segment-wise assets and liabilities, and compliance under regulation 52(4) of SEBI for listed entities. The company affirms its commitment to sustainable profitability and strategic initiatives.

Source: BSE

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