Steel Authority of India Limited (SAIL) has announced its audited financial results for the quarter and year ended March 31, 2026. The company achieved its best-ever production and sales volume, resulting in a 50.5% surge in Profit After Tax. The Board of Directors has recommended a final dividend of ₹2.35 per equity share (23.50% of paid-up capital) for the financial year 2025-26.
FY26 Operational and Financial Highlights
For the financial year 2025-26, SAIL reported a robust performance, underpinned by its highest-ever revenue from operations at ₹1,10,810 crore. The company saw a 1.4% growth in crude steel production to 19.43 million tonnes and an 11.4% increase in sales volume, reaching 19.93 million tonnes, driven by improved market outreach and operational efficiencies. Profit before tax reached ₹4,334 crore, reflecting the resilience of its core operations.
Fourth Quarter Performance
During the final quarter of FY26 (January–March 2026), the company recorded a revenue of ₹30,813 crore. The Net Profit for this period stood at ₹1,680 crore. The company demonstrated significant agility in its operations, managing to optimize energy consumption and enhance blast furnace productivity despite global supply chain headwinds.
Dividend and Strategic Outlook
In recognition of the strong financial results, the Board has recommended a final dividend of ₹2.35 per equity share of ₹10 each for FY 2025-26. Moving forward, the company plans to place a sharper emphasis on increasing its share of value-added and special steel in its product portfolio. The management remains optimistic about domestic steel consumption, supported by ongoing infrastructure development across the country.
Debt Reduction and Financial Health
SAIL continues to improve its balance sheet, achieving a notable reduction in debt compared to the previous year. The company’s focus on cost optimization and inventory management has strengthened its overall financial position, with a lower debt-equity ratio of 0.55 as of March 31, 2026, compared to 0.66 in the previous year. The company is also identified as a ‘Large Corporate’ regarding fund-raising requirements for debt securities.
Source: BSE
