The company reported that net profit for the October to December period more than doubled to 374.03 crore rupees, compared with 141.89 crore rupees recorded in the same period a year earlier.
According to a regulatory filing, total income increased by more than 11% year on year to 27,545.93 crore rupees from 24,723.43 crore rupees.
SAIL chairman Amarendu Prakash stated that higher sales volumes, operating leverage and prudent financial management supported profitability. He emphasized that profit after tax for the first nine months of FY 2026 increased by 60% on a yearly basis, reflecting a significant improvement. He added that strong sales momentum, solid domestic demand and rising market penetration underpinned the performance.
The company stated that despite volatility in input costs and an intense competitive environment, it maintained operating profitability through higher sales volumes, an optimized product mix and continued cost discipline.
Profit after tax for the April to December nine month period stood at 1,554 crore rupees, compared with 970 crore rupees in the corresponding period of FY 2025.
On the production side, the company delivered a strong performance, producing 14.35 million tonnes of steel and achieving sales of 16.61 million tonnes during the first nine months of FY 2026.
Operating under India’s Ministry of Steel, SAIL ranks among the country’s top five steel producers with total production capacity exceeding 21 million tonnes. The company aims to sustain profitability in the coming period, supported by rising domestic demand and improved operational efficiency.
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