SAIL Q3 Net Profit Soars 164% to Rs 374 Crore on Strong Revenue Growth
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News18•30-01-2026, 20:30
SAIL Q3 Net Profit Soars 164% to Rs 374 Crore on Strong Revenue Growth
- •Steel Authority of India Ltd (SAIL) reported a consolidated net profit of Rs 374.03 crore in Q3 FY26, a 164% increase from Rs 141.89 crore in Q3 FY25.
- •Total income for the quarter rose over 11% to Rs 27,545.93 crore, up from Rs 24,723.43 crore in the previous year.
- •CMD Amarendu Prakash highlighted a 60% year-on-year rise in profit after tax for 9M FY26, driven by higher volumes, operating leverage, and financial management.
- •The company maintained operating profitability despite input cost volatility and competitive pricing, attributing success to product mix optimization and cost discipline.
- •SAIL produced 14.35 million tonnes of steel and sold 16.61 million tonnes during the first nine months of FY26.
Why It Matters: SAIL's Q3 net profit more than doubled, driven by robust revenue growth and strategic financial management.
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