SAIL Q2 Profit Surges 315% to Rs 1,774 Cr on Higher Revenue
Steel Authority of India headquarters and steel production facility.
Key Highlights
Steel Authority of India (SAIL) reports a 315% surge in Q2 FY2027 net profit to Rs 1,774 crore and increases revenue to Rs 31,998 crore.
Steel Authority of India posted a standalone profit after tax of Rs 1,774 crore for Q2 FY2027, marking a 315% year-on-year increase from Rs 427 crore in Q2 FY2026. from operations for the quarter stood at Rs 31,998 crore, reflecting an increase from Rs 26,704 crore in the corresponding period of the previous fiscal year.
Q2 Financial Metrics
The company announced its financial results on October 28, 2026, alongside a reduction in its total borrowings. Key figures from the recent reporting period highlight the operational performance of the state-run steel producer:
- : Rs 1,774 crore for Q2 FY2027
- Revenue: Rs 31,998 crore for Q2 FY2027
- H1 Profit: Rs 3,410 crore for H1 FY2027
- : Reduced to Rs 20,583 crore by September 2026
For the first half of FY2027, the company reported a profit after tax of Rs 3,410 crore, up from Rs 1,112 crore in H1 FY2026. Total borrowings decreased from Rs 29,811 crore in March 2025 to Rs 20,583 crore by September 2026, improving the debt-equity ratio from 0.54 to 0.34.
Trading and Data
Market activity surrounding the stock reflected shifting sentiment following the earnings release. Trading data from the details recent share price movements:
- Share Price: 161.00 INR as of October 30, 2026
- Trading Volume: 8.44 million shares on October 30, 2026
- : Rs 4,561 crore for Q2 FY2027
Management lowered its FY27 sales volume guidance to 21 million tonnes from the previously stated 22 million tonnes. The company continues to monitor market conditions as it balances its capital expenditure plans against global steel industry headwinds.