SAIL Declares Financial Results for H1 FY’26; Delivers Strong Physical and Financial Performance
Steel Authority of India Limited (SAIL) is one of India’s largest steel producers and a Maharatna PSU under the Ministry of Steel
The state-owned Maharatna, Steel Authority of India Limited (SAIL), today announced its financial results for the half year ended 30th September 2025 (H1 FY’26), registering resilient operational performance and a significant improvement in profitability.
Performance of H1 FY 26 (Standalone) at a glance:
Unit | H1 24-25 | H1 25-26 | |
| Crude Steel Production | Million Tonne | 9.46 | 9.50 |
| Sales Volume | Million Tonne | 8.11 | 9.46 |
| Revenue from Operations | Rs. Crore | 48,672 | 52,625 |
| Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) | Rs. Crore | 5,593 | 5,754 |
| Profit Before Exceptional Items and Tax | Rs. Crore | 1,439 | 1,781 |
| Exceptional Items | Rs. Crore | (312) | (338) |
| Profit Before Tax (PBT) | Rs. Crore | 1,127 | 1,443 |
| Profit After Tax (PAT) | Rs. Crore | 844 | 1,112 |
Key Highlights (H1 FY’26):
- Crude Steel Production: Maintained steady at 9.5 million tonnes
- Sales Volume: Up 16.7%, reflecting enhanced outreach to retail and institutional consumers
- Revenue from Operations: Crossed ₹52,600 crore, driven by higher sales volume despite pricing challenges
- Profit After Tax (PAT): Jumped nearly 32%, underscoring strong operational efficiency and cost optimization
- Debt Position: Reduced to ₹26,427 crore, with continued thrust to reach March 2023 levels
CMD’s Statement:
Commenting on the results, the Chairman and Managing Director, SAIL, said: “H1 FY’26 performance demonstrates SAIL’s consistency across both operational and financial parameters. The Company has maintained high capacity utilisation for a steady level of production. With steely resolve and collective team efforts, we achieved a significant increase in sales volume despite volatility in global steel markets. Efficiency improvement and cost rationalisation translated into a robust financial outcome.”
He further added: “As India transitions towards a low-carbon economy, SAIL remains firmly committed to contributing to this transformation while ensuring sustainable profitability. Our focus on product diversification, customer-centric strategies, digitalisation, and expansion initiatives will continue to strengthen SAIL’s position in the steel industry.”
