Steel Authority of India's Q2 FY 2025-26 Quarterly Results
- 15h ago
Result Summary
- Steel Authority of India Ltd reported a 3.2% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 8.3%.
- Its expenses for the quarter were up by 3.7% QoQ and 9.6% YoY.
- The net profit decreased 43.8% QoQ and decreased 53.3% YoY.
- The earnings per share (EPS) of Steel Authority of India Ltd stood at 1.01 during Q2 FY 2025-26.
Financial Statments for Q2 FY 2025-26
| (₹ crores) | Q2FY26 | Q1FY26 | Q2FY25 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 26910.04 | 26083.90 | 24842.18 | 3.2% | 8.3% |
Total Expenses | 26113.64 | 25189.19 | 23824.07 | 3.7% | 9.6% |
Profit Before Tax | 457.96 | 894.71 | 1018.11 | -48.8% | -55.0% |
Tax | 137.42 | 223.23 | 276.19 | -38.4% | -50.2% |
Profit After Tax | 418.72 | 744.58 | 897.15 | -43.8% | -53.3% |
Earnings Per Share | 1.01 | 1.80 | 2.17 | -43.9% | -53.5% |
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 India's largest steel-making companies, primarily focusing on the production and supply of a wide range of steel products. The company operates in the steel industry, which is pivotal to infrastructure development and vital to various sectors such as construction, automotive, and manufacturing. SAIL's product portfolio includes a diverse range of long and flat steel products, and it serves both domestic and international markets. The company has integrated steel plants across India and is known for its substantial contribution to the country's steel production capacity. There have been no specific recent major developments available in the data provided.
Revenue
In the second quarter of fiscal year 2026 (Q2FY26), SAIL reported a total income of ₹26,910.04 crores. This figure represents a quarter-over-quarter (QoQ) increase of 3.2% compared to ₹26,083.90 crores in Q1FY26. Additionally, the year-over-year (YoY) comparison shows an increase of 8.3% from ₹24,842.18 crores in Q2FY25. The revenue growth indicates a positive trajectory in income generation over both the quarterly and yearly periods. The data reflects consistent revenue performance, driven by factors which are not detailed in the provided data.
Profitability
SAIL's profitability metrics for Q2FY26 reveal a significant decrease compared to previous periods. The Profit Before Tax (PBT) for Q2FY26 stands at ₹457.96 crores, marking a substantial decline of 48.8% QoQ from ₹894.71 crores in Q1FY26 and a 55.0% YoY decrease from ₹1,018.11 crores in Q2FY25. Similarly, the Profit After Tax (PAT) is ₹418.72 crores for Q2FY26, which is a 43.8% decrease QoQ from ₹744.58 crores in Q1FY26 and a 53.3% YoY decline from ₹897.15 crores in Q2FY25. These figures indicate a challenging quarter with reduced profitability margins.
Operating Metrics
The total expenses for SAIL in Q2FY26 were reported at ₹26,113.64 crores, reflecting an increase of 3.7% QoQ from ₹25,189.19 crores in Q1FY26 and a 9.6% YoY increase from ₹23,824.07 crores in Q2FY25. The Earnings Per Share (EPS) for Q2FY26 is recorded at ₹1.01, compared to ₹1.80 in Q1FY26 and ₹2.17 in Q2FY25, showing a decline of 43.9% QoQ and 53.5% YoY. This decline in EPS aligns with the overall reduction in profit figures. The increase in expenses amidst declining profit metrics highlights operational challenges during the quarter for SAIL.
FAQs
When was Steel Authority of India Ltd Q2 FY 2025-26 result announced?
Steel Authority of India Ltd announced its Q2 FY 2025-26 results on 30 October, 2025.
What are Steel Authority of India Ltd quarterly results?
Steel Authority of India Ltd quarterly results refer to the company’s financial performance over a three-month period, including key metrics like revenue, net profit, earnings per share (EPS), and margin performance.
What were the key highlights of Steel Authority of India Ltd Q2 FY 2025-26 results?
Key highlights of Steel Authority of India Ltd Q2 FY 2025-26 results include:
- Revenue: ₹26910.04 crore
- Net Profit: ₹418.72 crore
- EBITDA: ₹2395.72 crore
- Year-over-Year Growth: 8.3%
- Quarter-over-Quarter Growth: 3.2%
How did Steel Authority of India Ltd net profit perform in this quarter?
Steel Authority of India Ltd reported a net loss of ₹418.72 crore in Q2 FY 2025-26, reflecting a -53.3% year-over-year growth.
What was Steel Authority of India Ltd revenue in Q2 FY 2025-26?
Steel Authority of India Ltd posted a revenue of ₹26910.04 crore in Q2 FY 2025-26.