NEW DELHI, Oct 30: The Steel Authority of India Limited (SAIL), a state-owned Maharatna company, announced its financial results for the half year ended September 30, 2025 (H1 FY26), reporting a solid operational performance and a sharp rise in profitability despite pricing challenges in global steel markets.
The company maintained steady production levels of 9.5 million tonnes of crude steel, while its sales volume grew by 16.7%, driven by stronger outreach to retail and institutional consumers.
Revenue from operations crossed ₹52,600 crore, supported by higher sales volumes and improved efficiency, even as global steel prices remained under pressure. The company’s Profit After Tax (PAT) surged by approximately 32%, reflecting continued gains from cost optimisation and operational efficiency.
SAIL also reported a reduction in its total debt to ₹26,427 crore, reaffirming its commitment to move toward debt levels recorded in March 2023.
Commenting on the results, SAIL’s Chairman and Managing Director (CMD) said:
“The H1 FY26 performance demonstrates SAIL’s consistency across both operational and financial metrics. The company has maintained high capacity utilisation for steady production. With steely resolve and collective team effort, we have achieved a significant increase in sales volume despite global volatility. Efficiency improvement and cost rationalisation have translated into robust financial performance.”
Looking ahead, the CMD emphasised that as India transitions toward a low-carbon economy, SAIL remains committed to contributing to this transformation through sustainable operations, product diversification, customer centric strategies, digitalisation, and planned capacity expansion.
The strong half yearly results underscore SAIL’s focus on maintaining operational excellence and financial resilience amid evolving global market conditions.