THEBUSINESSBYTES BUREAU

NEW DELHI, MAY 16, 2026

Steel Authority of India Limited (SAIL) has announced its financial results for the quarter and year ended 31st March, 2026, reporting a strong all-round performance driven by higher sales volumes, improved operational efficiency, and balance sheet strengthening.

Crude steel production for FY 2025–26 rose to 19.43 million tonnes, marking a 1.4% increase over the 19.17 million tonnes recorded in the corresponding previous year. The company also registered a sharp improvement in sales performance, supported by expanded market outreach, deliberate inventory reduction, and streamlined dispatch operations. Sales volumes surged by 11.4 per cent, rising from 17.89 million tonnes in the previous fiscal to 19.93 million tonnes in FY26.

On the financial front, total revenue from operations climbed to Rs. 1,10,810 crore, up from Rs. 1,02,478 crore in the previous year. Profit After Tax (PAT) witnessed a significant jump of 50.5 per cent, reaching Rs. 3,233 crore compared to Rs. 2,148 crore in the preceding year. The company also strengthened its financial position by reducing total debt by Rs. 8,148 crore over the corresponding period, reflecting improved balance sheet health.

SAIL’s performance during FY 2025–26 was supported by gains across key techno-economic parameters, including enhanced blast furnace productivity and optimized energy consumption, which together improved operational efficiency and profitability. Despite supply chain disruptions arising from evolving geopolitical conditions, the company maintained operational momentum through optimal resource utilization and agile execution.

Commenting on the results, the CMD of Steel Authority of India Limited, Dr. A.K. Panda, said: “Our performance reflects the inherent strength of our core operations, supported by focused efforts to expand market presence and align our product portfolio with evolving demand. The growth in sales volumes, coupled with a reduction in inventory and borrowings, has reinforced our profitability, with PBT and PAT registering growth of 44 per cent and 50.5 per cent over the corresponding previous year, respectively. Going forward, we will place sharper emphasis on increasing the share of value-added and special steel in our portfolio. The encouraging outlook for domestic steel consumption, driven by sustained infrastructure development, augurs well for our expansion plans. We remain committed to delivering consistent value and long-term growth to our stakeholders.”