SAIL Q1 Results: Net profit zooms to Rs 745 crore
The company had posted a consolidated net profit of Rs 81.78 crore in the year-ago period,
Steel Authority of India
Ltd (SAIL) said in a filing to BSE.
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The consolidated income of the company during April-June period rose to Rs 26,083.90 crore compared to Rs 24,174.80 crore in the corresponding quarter of previous fiscal.
Total expenses during the quarter rose to Rs 25,189.19 crore from Rs 23,871.60 crore in the year-ago period, the filing said.
The company's Chairman and Managing Director Amarendu Prakash said: "SAIL's Q1 FY26 performance shows improved operational efficiency, better cash flow and strong growth in sales volume in domestic market, supported by government safeguard duties.
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"Even amidst fluctuating global dynamics, with rising domestic consumption, expanding steel capacity and safeguard duty support from government, we continue to deliver high-quality steel to all steel consuming sectors. Our cost optimisation measures and unwavering commitment to enhancing
stakeholder
value remain central to our journey."
Steel Authority of India
Ltd is a Maharatna public sector undertaking and a leading steel-making company in the country.
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