New Delhi : The Steel Authority of India Limited (SAIL), one of the country’s leading Maharatna public sector undertakings, has reported a strong financial and operational performance for the first half of the financial year 2025–26, ended September 30, 2025. The company recorded improved profitability, higher sales, and reduced debt despite a challenging market environment.
According to the results, SAIL’s crude steel production stood at 9.5 million tonnes, maintaining consistency with the previous year. The sales volume grew by 16.7%, reaching 9.46 million tonnes, driven by stronger outreach to retail and other consumer segments.
Revenue from operations rose to ₹52,625 crore, compared to ₹48,672 crore in the same period last year, aided by higher sales volumes. Operational efficiency and cost optimisation measures led to a 32% jump in Profit After Tax (PAT), which increased from ₹844 crore to ₹1,112 crore.
The company also achieved a significant reduction in total debt, bringing it down to ₹26,427 crore, moving closer to its March 2023 levels.
A summary of key financial indicators for H1 FY 2025–26 is as follows:
| Indicator | H1 2024–25 | H1 2025–26 |
|---|---|---|
| Crude Steel Production (Million Tonnes) | 9.46 | 9.50 |
| Sales Volume (Million Tonnes) | 8.11 | 9.46 |
| Revenue from Operations (₹ crore) | 48,672 | 52,625 |
| EBITDA (₹ crore) | 5,593 | 5,754 |
| Profit Before Tax (₹ crore) | 1,127 | 1,443 |
| Profit After Tax (₹ crore) | 844 | 1,112 |
Commenting on the results, SAIL Chairman and Managing Director said the company’s performance underscores its operational excellence and financial resilience.
“We have maintained high capacity utilization to ensure consistent production. Despite volatility in global steel markets, our collective efforts have helped us achieve significant growth in sales volume and profitability,” the CMD said.
He added that SAIL remains committed to supporting India’s transition towards a low-carbon economy, while pursuing sustainable profitability through product diversification, customer-centric strategies, digitalization, and continuous improvement initiatives.
The CMD emphasized that these achievements reflect SAIL’s focus on efficiency, cost management, and innovation — the key pillars driving its growth momentum.

