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