Steel Authority of India's Q4 FY 2025-26 Quarterly Results

Result Summary

• Steel Authority of India Ltd reported a 13.1% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Mar (Q4 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 5.2%.
• Its expenses for the quarter were up by 5.1% QoQ and 1.8% YoY.
• The net profit increased 390.7% QoQ and increased 46.7% YoY.
• The earnings per share (EPS) of Steel Authority of India Ltd stood at 4.44 during Q4 FY 2025-26.

Financial Statments for Q4 FY 2025-26

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Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Steel Authority of India Ltd (SAIL) is one of the largest steel-making companies in India and is counted among the Maharatnas of the country's Central Public Sector Enterprises. SAIL operates and owns five integrated steel plants, as well as three special steel plants. The company's product range primarily includes a variety of steel products such as hot and cold rolled sheets and coils, galvanized sheets, electrical sheets, structural steel, railway products, and more. SAIL plays a significant role in the Indian steel industry and contributes to various sectors, including infrastructure, construction, and manufacturing. As of the latest available data, there are no specific recent major developments provided for SAIL.

Revenue

In the fourth quarter of the fiscal year 2026 (Q4FY26), SAIL reported a total income of ₹31,165.15 crores. This marks an increase from ₹27,545.93 crores in the previous quarter (Q3FY26) and ₹29,613.68 crores in the same quarter of the previous fiscal year (Q4FY25). The quarter-over-quarter (QoQ) growth in total income is 13.1%, while the year-over-year (YoY) growth stands at 5.2%. This increase in total income reflects the company's ability to generate higher revenue compared to both the previous quarter and the same quarter last year.

Profitability

SAIL's profitability showed a significant improvement in Q4FY26. The company recorded a profit before tax of ₹2,321.38 crores, a substantial rise from ₹406.07 crores in Q3FY26 and ₹1,563.71 crores in Q4FY25. The QoQ growth in profit before tax is 471.7%, and the YoY growth is 48.5%. Similarly, the profit after tax in Q4FY26 was ₹1,835.47 crores, compared to ₹374.03 crores in Q3FY26 and ₹1,250.98 crores in Q4FY25, representing a QoQ increase of 390.7% and a YoY increase of 46.7%. Earnings per share also rose to ₹4.44 in Q4FY26 from ₹0.91 in the previous quarter and ₹3.03 in the same quarter last year, reflecting a QoQ growth of 387.9% and a YoY growth of 46.5%.

Operating Metrics

The total expenses for SAIL in Q4FY26 amounted to ₹28,513.99 crores, which is higher than the ₹27,139.86 crores reported in Q3FY26 and the ₹28,020.56 crores in Q4FY25. This represents a QoQ increase in total expenses of 5.1% and a YoY increase of 1.8%. Despite the increase in expenses, the company's profitability metrics indicate a stronger performance in terms of profit margins. The tax expense for the quarter was ₹666.33 crores, a substantial rise from ₹105.73 crores in Q3FY26 and ₹406.23 crores in Q4FY25, showing QoQ growth of 530.2% and YoY growth of 64.0%. These figures reflect the company's financial management and operational efficiencies during the period.