SAIL Q3 Results: Steel Authority of India Limited (SAIL) on Friday, January 30, released its October-December quarter results of the current financial year. The company’s net profit increased almost three times on an annual basis in the December quarter to Rs 374 crore. This figure was Rs 142 crore in the same quarter a year ago.
This sharp jump in the company’s profits was mainly due to improvement in operational efficiency, aggressive selling of inventory, better volumes and cost control measures. SAIL’s revenue also increased by 12 percent to Rs 27,371 crore during the December quarter, which was Rs 24,490 crore in the same quarter a year ago.
The company’s performance at the operational level also remained strong. The company’s operating profit (EBITDA) increased by 13 percent to Rs 2,294 crore, which was better than the market estimate of Rs 2,151 crore. EBITDA margin stood at 8.4 percent, up from 8.3 percent last year and above market analysts’ estimate of 7.9 percent.
The company also showed good progress on the production and sales front. Crude steel production in the first nine months of fiscal year 2026 (9MFY26) increased by 2 percent to 14.35 million tonnes from 14.08 million tonnes in the same period last year. At the same time, a strong increase of 16.3 percent was recorded in sales volume. This was supported by increased reach to retail and other customers, reduced inventory and better dispatch and marketing strategies.
The company has also significantly reduced its debt during this period. SAIL reduced debt by about ₹5,000 crore in the nine months to December 31, 2025, further strengthening its balance sheet.
Commenting on the results, SAIL Chairman and Managing Director Amarendu Prakash said that in the first nine months of the financial year 2025-26, the company’s net profit has increased by 60 percent on an annual basis. He said this performance is the result of higher volumes, operating leverage and cautious financial management. According to him, domestic demand remains strong and the company’s market penetration is better than before.
He also said that despite input cost fluctuations and a competitive pricing environment, SAIL has maintained operating profitability. Better product mix, higher volumes and strict cost control played an important role in this.
stock movement
SAIL announced its quarterly results after the stock market closed on Friday. Ahead of the results, SAIL shares closed at Rs 150.98, down 3.94 per cent on NSE. However, this share has increased by about 43 percent in the last one year.
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