Shares of Steel Authority of India (SAIL) will be in focus heading into trade on Monday after it reported a consolidated net profit of Rs 1,835 crore for the March quarter, compared with Rs 1,251 crore in the same period last year, registering a 47% year-on-year increase. The profit after tax attributable to the owners of the parent company rose on the back of steady growth in revenue.Revenue from operations stood at Rs 30,813 crore in Q4FY26, up 5% from Rs 29,316 crore reported in the corresponding quarter of the previous financial year. On a sequential basis, the company’s profit jumped 391% from Rs 374 crore posted in Q3FY26, while revenue rose 13% from Rs 27,371 crore recorded in the October-December quarter.On a standalone basis, net profit came in at Rs 1,680 crore against Rs 1,178 crore a year earlier, reflecting a 43% increase. Sales during the quarter rose 5% to Rs 30,541 crore from Rs 29,121 crore in the year-ago period.EBITDA for the quarter stood at Rs 4,762 crore compared with Rs 3,781 crore in the corresponding period last year. In the preceding December quarter, EBITDA was reported at Rs 2,630 crore.For the full financial year, standalone net profit rose to Rs 3,233 crore in FY26 from Rs 2,148 crore in FY25. Sales turnover during the year increased to Rs 1,09,966 crore compared with Rs 1,01,716 crore in the previous financial year.Commenting on the crude steel production outlook, the company said global steel output has been declining every year, except in 2023 when a marginal increase was seen. It added that production in the first three months of the current year has also fallen 2.3% compared with the corresponding period last year, with China reporting a 4.6% decline despite a slight increase in production across the rest of the world.The board has also recommended a final dividend of Rs 2.35 per equity share for FY26. The dividend will be paid within 30 days of shareholder approval at the upcoming Annual General Meeting.Sensex, Nifty today: Catch all the LIVE stock market action here (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
SAIL shares in focus after Q4 net profit jumps 47% to Rs 1,835 crore, revenue up 5%
Steel Authority of India (SAIL) reported a robust 47% year-on-year surge in March quarter net profit, reaching Rs 1,835 crore, driven by a 5% revenue increase to Rs 30,813 crore. Full-year standalone profit also climbed significantly. The company recommended a final dividend of Rs 2.35 per share.












