SAIL posts 16.5pc jump in Q4 net profit

THEBUSINESSBYTES BUREAU

NEW DELHI, MAY 29, 2025

State-owned Steel Authority of India Limited (SAIL) has reported a strong financial performance for the fourth quarter of the financial year 2024–25, registering a 16.5 per cent year-on-year rise in standalone net profit to ₹1,178 crore. This is up from ₹1,011 crore in the same quarter of the previous fiscal.

The public sector steel major also announced a final dividend of ₹1.60 per equity share (face value ₹10 each), subject to shareholders’ approval at the upcoming Annual General Meeting.

SAIL’s revenue from operations during the January-March quarter stood at ₹29,316.14 crore, marking a 4.9 per cent increase from ₹27,958.52 crore in Q4 FY24. On a sequential basis, revenue rose 19.7 per cent from ₹24,489.91 crore recorded in the previous quarter (Q3 FY25).

The company’s strong quarterly performance was further underscored by a notable increase in sales volume, which rose to 5.33 million tonnes in Q4 FY25, compared to 4.56 million tonnes in the same period last year.

However, for the full financial year, SAIL reported a consolidated net profit of ₹2,371.82 crore. Annual revenue from operations stood at ₹1,02,479.06 crore, slightly lower than the ₹1,05,378.33 crore recorded in FY24, reflecting broader market pressures across the global steel sector.

Commenting on the performance, SAIL Chairman and Managing Director Amarendu Prakash said, “In an evolving global steel landscape shaped by shifting trade policies and import dynamics, SAIL continues to demonstrate resilience and strategic agility. Our latest financial results underscore our commitment to operational efficiency, sustainable growth, and value creation for stakeholders.”

He added, “Amid challenges posed by international tariffs and import pressures during the last quarter of FY25, our robust performance reflects our ability to navigate complexities while strengthening our position. The supporting government policies augur well for domestic steel demand and as we move forward, SAIL remains focused on innovation, cost optimisation, and planned future expansion in line with the National Steel Policy.”