Steel Authority of India Limited (SAIL) has released its unaudited financial results for the third quarter of fiscal year 2026. Key highlights include a 2% increase in crude steel production, reaching 14.35 million tonnes, and a substantial 16.3% growth in sales volume. The company’s revenue saw an approximate 9-10% increase, totaling ₹79,997 crore, and profit after tax soared by about 60%. The company has also reduced its debt close to ₹5000 crore.
Financial Performance
SAIL’s revenue from operations reached ₹79,996.79 crore, compared to ₹73,162.11 crore in the corresponding nine-month period of the previous fiscal year. The company reported Profit before Tax of ₹2,010.18 crore and Profit after Tax stood at ₹1,553.97 crore.
Production and Sales
Crude Steel Production: 14.35 Million Tonnes as against 14.08 Million Tonnes during corresponding period last year.
Sales Volume: 14.61 Million Tonnes as against 12.56 Million Tonnes during corresponding period last year.
Segment-Wise Revenue (Standalone)
Bhilai Steel Plant: ₹23,105.36 crore
Durgapur Steel Plant: ₹8,330.78 crore
Rourkela Steel Plant: ₹18,384.86 crore
Bokaro Steel Plant: ₹18,889.42 crore
IISCO Steel Plant: ₹9,401.46 crore
Key Ratios
Debt-Equity Ratio: 0.62
Debt Service Coverage Ratio: 2.35
Interest Service Coverage Ratio: 1.78
CMD’s Commentary
Shri Amarendu Prakash, CMD of SAIL, commented that the improved profitability, with a 60% rise in profit after tax year-on-year, resulted from higher volumes, operating leverage, and effective financial management. He added that strong sales were supported by robust domestic demand and improved market penetration. SAIL sustained operating profitability through higher volumes, product mix optimization and cost discipline.
Source: BSE
