State-owned steel major Steel Authority of India Limited (SAIL) on Thursday reported a robust financial performance for the first half of the financial year 2025–26 (H1 FY26), with its profit after tax (PAT) surging nearly 32% year-on-year to ₹1,112 crore, driven by higher sales volume and improved operational efficiency.
According to the company’s financial results released on Thursday, revenue from operations rose to ₹52,625 crore during the April–September period, compared to ₹48,672 crore in the same period last year, marking an increase of around 8%.
SAIL maintained a steady crude steel production of 9.5 million tonnes, marginally higher than 9.46 million tonnes recorded in H1 FY25. The sales volume, however, grew significantly by 16.7% to 9.46 million tonnes, reflecting stronger market outreach, particularly to retail and end-user segments.
The company’s EBITDA for the period stood at ₹5,754 crore, up from ₹5,593 crore in the previous year, while profit before tax (PBT) rose to ₹1,443 crore from ₹1,127 crore.
SAIL’s total debt came down to ₹26,427 crore, with the management reaffirming its commitment to further deleveraging and returning to debt levels comparable to March 2023.
Commenting on the results, SAIL Chairman and Managing Director said the performance underlines the company’s operational resilience and cost discipline amid volatile global steel markets.
“H1 FY’26 performance demonstrates SAIL’s consistency across both operational and financial metrics. The Company has maintained high capacity utilisation for a steady production. With steely resolve and collective team efforts, we have achieved significant increase in sales volume despite the volatility in global steel markets. Coupled with the drive towards efficiency improvement and cost rationalisation, this translated intorobust financial performance.,” the CMD said.
He added that SAIL remains committed to contributing to India’s transition towards a low-carbon economy through product diversification, digitalisation, and sustainable expansion initiatives.