on Friday posted an over 42 per cent rise in standalone net profit to ₹1,680 crore during the March quarter of FY26, citing higher revenues.
The company had reported a net profit of ₹1,178 crore in the year-ago period, Steel Authority of India Ltd (SAIL) said in a statement.
During January-March, the company’s revenue from operations increased to ₹30,813 crore from ₹29,316 crore recorded in the fourth quarter of the preceding 2024-25 financial year.
The company’s board also approved a final dividend of ₹2.35 per equity share for FY26. Annual net profit stood at ₹3,233 crore as against ₹2,148 crore registered in FY25.
Revenue from operations was at ₹1,10,810 crore during FY 26 as against ₹1,02,478 crore a year ago. In FY26, SAIL produced 19.43 million tonnes of steel as against 19.17 million tonnes in FY25.
The company reported annual sales of 19.93 million tonnes in FY26, up from 17.89 million tonnes in 2024-25.
The company’s CMD, A K Panda, stated: “The growth in sales volumes, coupled with a reduction in inventory and borrowings, has reinforced our profitability, with PBT and PAT registering growth of 44 per cent and 50.5 per cent over the corresponding previous year, respectively.”