Steel Authority of India Ltd (SAIL) on Wednesday reported a 53% year-on-year (YoY) drop in its consolidated net profit to ₹418.72 crore for the second quarter (Q2) ended September 2025. In the same quarter last year, the company had posted a profit of ₹897.15 crore, according to its regulatory filing.
Despite the decline in profit, the company’s total income rose to ₹26,910.04 crore, marking an 8.3% increase from ₹24,842.18 crore recorded in the corresponding quarter of FY2024–25.
In a separate statement, Chairman Amarendu Prakash said that the company’s performance during the first half of FY26 reflected operational and financial consistency. He highlighted that SAIL maintained high capacity utilisation, ensuring steady production levels.
He also noted that the company achieved a rise in sales volume during the period, despite ongoing volatility in the global steel markets.
For the April–September 2025 period, SAIL’s net profit stood at ₹1,163 crore, compared to ₹978.93 crore in the same period last year. The company also reported a decline in total debt to ₹26,427 crore as of the end of the first half of FY26.
As of October 30, 2025, SAIL’s stock traded at ₹136.57, down 2.83% or ₹3.98 from the previous close of ₹140.55 on the NSE. During the session, the stock touched a high of ₹139.70 and a low of ₹135.60.
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The company continues to focus on maintaining capacity utilization and operational efficiency amid challenging market conditions.
Investor attention will likely remain on demand trends, global steel prices, and the company’s debt management in the coming quarters.
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Published on: Oct 30, 2025, 11:10 AM IST
Neha Dubey
Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.
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