SAIL shares in focus after Q4 profit up 11% YoY to Rs 1,251 crore
Shares of Steel Authority of India Limited (SAIL) will be in focus after the company reported an 11% year-on-year (YoY) rise in consolidated net profit for Q4FY25 at Rs 1,251 crore, compared with Rs 1,125 crore in the same quarter last year. The profit is attributable to the owners of the parent company.
ADVERTISEMENT Revenue from operations for the quarter under review stood at Rs 29,316 crore, up 5% from Rs 27,959 crore in Q4FY24.
On a sequential basis, profit after tax (PAT) surged 781% from Rs 142 crore in Q3FY25, while revenue rose 20% from Rs 24,490 crore in the October–December quarter.
Also Read: These 10 Nifty microcap stocks can rally 70-200% in the next 12 monthsThe company's Board of Directors have recommended a final dividend of Rs 1.60 per equity share for the Financial Year 2024-25. The final dividend will be paid within 30 days from the date of approval by the Shareholders in the ensuing Annual General Meeting, the date of which will be intimated in due course, SAIL's filing to the exchanges said.The company incurred expenses of Rs 28,021 crore in the quarter under review versus Rs 24,560 crore in Q3FY25 and Rs 26,474 crore in the year-ago period. The expenses were incurred under the headline cost of materials consumed, employee benefits expense, finance cost and depreciation & amortisation expenses.
ADVERTISEMENT For the full financial year, the company reported a PAT of Rs 2,372 crore, which was down from Rs 3,067 crore in FY25. The profit fell due to higher expenses reported in the quarter ended March 31, 2025.As for the full-year revenue, a 3% drop was recorded at Rs 1,02,479 crore versus Rs 1,05,378 crore in Q4FY25.
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Also Read:KEI Industries, DCB Bank among 10 small-cap stocks analysts expect to gain up to 75%
According to Trendlyne, the average target price for SAIL is Rs 110, indicating a downside of nearly 15% from current levels. Of the 26 analysts tracking the stock, the consensus rating is 'Hold'.
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While SAIL shares have gained 23% over the past three months, they are down 21% over the past year. The company's current market capitalisation stands at Rs 53,195 crore.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)
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