SAIL’s third quarter net profit more than doubles, reaches Rs 374 crore

Steel Authority of India Limited (SAIL)’s consolidated net profit has more than doubled to Rs 374.03 crore in the third quarter ended December. The company’s profit has increased due to increase in income. The company had earned a net profit of Rs 141.89 crore in the October-December period of the last financial year. In a communication sent to the stock exchanges, the company said that its total income during the quarter increased by 11 per cent to Rs 27,545.93 crore from Rs 24,723.43 crore in the same period a year ago. In a separate statement, the company’s Chairman and Managing Director (CMD) Amarendu Prakash said, “We Profitability has improved, with profit after tax increasing by 60 percent year-on-year in the nine months of FY 2025-26. …Strong sales were supported by domestic demand and better market penetration.” In the nine months between April-December, the company’s net profit stood at Rs 1,554 crore, up from Rs 970 crore in the nine-month period of FY 2024-25. SAIL produced 1 crore 43.5 lakh tonnes of steel in the nine months of FY 2025-26 and Rs 1 crore 66.1 lakh tonnes during the nine-month period. Tons of sales. SAIL, under the Ministry of Steel, is one of the top five steel making companies in India with a total capacity of over 21 million tonnes.