Steel Authority of India Limited has informed the Exchange about Transcript

SAIL reported H1 FY26 revenue of Rs.52,625 crores, up 8% YoY, with PAT of Rs.1,112 crores, up 32%. Sales volume grew 17% to 9.46 million tons while crude steel production stayed steady at 9.5 million tons. The company reduced borrowings by over Rs.3,000 crores in H1, with total borrowings now at Rs.26,427 crores (non-IndAS). Management expects margins to improve in H2 FY26, with Q4 EBITDA margin targeted at 14-15%, driven by post-monsoon demand pickup, completion of capital repairs, and better operational efficiency. FY26-'27 sales volume is guided to grow 5-7% via debottlenecking. CAPEX is targeted at Rs.7,500+ crores in FY26 and Rs.10,000+ crores in FY27, with the major IISCO expansion of 4.5 million tons at Rs.36,000 crores underway with orders being placed. Coking coal costs may rise to Rs.18,000-Rs.18,100 per ton in Q3 due to rupee depreciation, partially offsetting expected price recovery.