SAIL Reports 251% Jump in Q3 FY26 Net Profit to ₹4.42B, Revenue at ₹271.7B
Steel Authority of India Limited delivered outstanding Q3 FY26 financial performance with net profit jumping 251% to ₹4.42 billion from ₹1.26 billion year-on-year. Revenue grew 11.7% to ₹271.7 billion while EBITDA increased 10.1% to ₹26.30 billion, reflecting enhanced operational efficiency and cost management capabilities in the steel sector.

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Steel Authority of India Limited (SAIL) has delivered exceptional financial performance in Q3 FY26, demonstrating remarkable operational efficiency with substantial year-on-year growth across key financial metrics including profitability, revenue, and EBITDA.
Financial Performance Overview
The state-owned steel major achieved outstanding results during Q3 FY26, with consolidated net profit registering impressive growth compared to the previous year. The company's revenue performance remained robust while EBITDA showed significant improvement, reflecting enhanced operational capabilities in the steel manufacturing sector.
| Financial Metric | Q3 FY26 | Q3 FY25 | Growth |
|---|---|---|---|
| Net Profit | ₹4.42 billion | ₹1.26 billion | +251% |
| Revenue | ₹271.7 billion | ₹243.33 billion | +11.7% |
| EBITDA | ₹26.30 billion | ₹23.89 billion | +10.1% |
| Total Income | ₹277.03 billion | ₹248.54 billion | +11.5% |
Nine-Month Performance Analysis
SAIL's performance for the nine months of FY26 demonstrates consistent operational excellence with substantial improvements across all key financial parameters compared to the corresponding period in the previous year.
| 9M Performance Metric | 9M FY26 | 9M FY25 | Growth |
|---|---|---|---|
| Sales Turnover | ₹794.25 billion | ₹725.95 billion | +9.4% |
| Total Income | ₹807.92 billion | ₹739.96 billion | +9.2% |
| EBITDA | ₹83.84 billion | ₹79.83 billion | +5.0% |
| Net Profit | ₹15.54 billion | ₹9.70 billion | +60.2% |
Operational Excellence and Cost Management
The company's financial performance reflects improved operational efficiency with net profit growing significantly faster than revenue growth. SAIL's ability to maintain strong EBITDA margins while achieving substantial profit growth demonstrates effective cost management and operational optimization strategies.
| Cost Structure Analysis | Q3 FY26 | Q3 FY25 | Change |
|---|---|---|---|
| Depreciation | ₹15.15 billion | ₹14.20 billion | +6.7% |
| Finance Cost | ₹5.47 billion | ₹6.79 billion | -19.4% |
| Tax | ₹1.26 billion | ₹1.92 billion | -34.4% |
Strategic Financial Position
SAIL's enhanced financial performance in Q3 FY26, with net profit increasing by 251% while revenue grew by 11.7%, coupled with EBITDA growth of 10.1%, underscores the company's strengthened market position and operational capabilities. The significant reduction in finance costs and improved tax efficiency further contributed to the robust bottom-line performance, positioning SAIL favorably in the current steel market environment.
Historical Stock Returns for Steel Authority of India
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -3.85% | -0.34% | +12.71% | +19.93% | +44.82% | +162.15% |


































