Steel Authority of India Limited (SAIL) posted a 318.1% year-over-year increase in consolidated profit for July-September, as revenue from operations also advanced in the second quarter of fiscal 2026-27.
The company’s unaudited filing with the BSE recorded net profit of ₹1,750.47 crore for the three months through Sept. 30. The consolidated figure was ₹418.72 crore in July-September 2025. Revenue from operations totaled ₹31,997.55 crore, compared with ₹26,704.17 crore a year earlier.
On a sequential basis, net profit advanced 6.5% from ₹1,644.05 crore in April-June. Revenue from operations grew 21.9% over that comparison, reaching ₹31,997.55 crore from ₹26,245.67 crore.
The annual and quarterly growth rates use different baselines. The 318.1% profit gain compares with the year-earlier result of ₹418.72 crore; the 6.5% increase is measured against April-June. Revenue also rose on both measures, increasing 19.8% year over year and 21.9% from the previous quarter.
Total expenses in July-September reached ₹29,913.65 crore, up from ₹26,113.64 crore in the year-earlier quarter. SAIL’s filing separately showed standalone net profit of ₹1,773.73 crore, compared with ₹1,750.47 crore on a consolidated basis.
In an operating update issued before the earnings report, SAIL said April-September crude steel production reached a record 9.6 million tonnes, 1% above the year-earlier level. High-end steel output totaled about 2 million tonnes, up 30%, according to the company’s Oct. 5 update.
Chairman and Managing Director Dr. A.K. Panda said the first-half and September milestones reflected the workforce’s “collective commitment” to efficiency, innovation and sustainable growth in the company’s release.
SAIL’s exchange notice schedules an analyst and institutional investor call on the September-quarter results for 1 a.m. ET (05:00 UTC; 10:30 a.m. IST) Wednesday, Oct. 28.
