Steel Authority of India Ltd Q2 FY’26 Results Show Resilient Performance

Steel Authority of India Limited (SAIL) announced its Q2 FY’26 results, reporting steady production at 9.5 million tonnes of crude steel. Sales volume increased by 16.7%. Revenue from operations reached ₹52,625 crore. The company reported a Profit After Tax (PAT) of ₹1,112.27 crore and a reduced debt of ₹26,427 crore, highlighting operational efficiency and cost optimization efforts.

Key Financial Performance

SAIL’s Q2 FY’26 results showcase consistent operational and financial performance. Key highlights include:

  • Crude Steel Production: Maintained at 9.5 million tonnes.
  • Sales Volume: Increased by 16.7% year-over-year.
  • Revenue from Operations: Crossed ₹52,625 crore.
  • Profit After Tax (PAT): Recorded at ₹1,112.27 crore.
  • Debt Reduction: Decreased to ₹26,427 crore.

Segment-Wise Revenue

The segment-wise revenue from operations includes:

  • 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
  • Other Plants: ₹5,229.18 crore

Additional Highlights

Other key details from the announcement:

  • Earnings per share: Basic and diluted earnings per share are reported at ₹2.69.
  • Debt-Equity Ratio: The debt-equity ratio stands at 0.60.
  • Interest Service Coverage Ratio: The interest service coverage ratio is 2.25.

Source: BSE

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