New Delhi, Jan 30 (.) State-owned Maharatna, Steel Authority of India Limited (SAIL) on Friday reported a strong improvement in its financial performance for the nine months ended December 31, 2025 (9M FY ’26), supported by higher sales volumes, better operating efficiency and tighter cost controls, an official statement said here.
The company said crude steel production during the period rose by 2 per cent to 14.35 million tonnes from 14.08 million tonnes a year earlier, reflecting stable plant operations. Sales volumes recorded a sharper rise of 16.3 per cent, aided by greater outreach to retail and institutional customers, faster inventory liquidation and improved market penetration.
Revenue from operations increased in line with volume growth, rising to Rs 79,997 crore in 9M FY’26 from Rs 73,162 crore in the corresponding period of the previous year. Operating performance also strengthened, with EBITDA improving to Rs 8,384 crore from Rs 7,983 crore.
Profitability saw a marked improvement during the period. Profit before exceptional items and tax rose to Rs 2,349 crore, while profit before tax increased to Rs 2,010 crore from ₹1,445 crore a year ago. Profit after tax surged by around 60 per cent to Rs 1,554 crore in 9M FY’26, compared with Rs 970 crore in the year-ago period, underscoring gains from higher volumes, operating leverage and prudent financial management.
SAIL also made progress on balance sheet strengthening, with its debt reducing to nearly Rs 5,000 crore during the nine-month period.
Commenting on the results, SAIL Chairman and Managing Director Amarendu Prakash said the company delivered a significant improvement in profitability driven by robust domestic demand, improved market reach and higher volumes. He added that despite volatility in input costs and a competitive pricing environment, the company sustained operating profitability through product mix optimisation, cost discipline and efficiency measures.
The results highlight SAIL’s focus on strengthening operational performance and improving financial resilience amid challenging market conditions.
. SAS KK