HighPositive
Announced Fri, 24 Jul · 19:47 IST
SAIL Q1 Results: Net profit jumps 138% YoY to ₹1,636 crore; revenue remains flat
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AI summary
SAIL reported a 138% year-on-year jump in consolidated net profit to Rs 1,636 crore for Q1 FY27, up from Rs 685 crore a year ago, though sequentially profit slipped 3% from Rs 1,680 crore. Revenue remained largely flat at Rs 26,246 crore, while EBITDA surged 49% YoY to Rs 4,356 crore with margins expanding sharply to 16.6% from 11.2%, driven by improved realisations and lower inventory despite a deliberate moderation in production volumes.