SAIL Q2 & H1 FY27: PAT at ₹3410 Cr, EBITDA ₹8917 Cr
Steel Authority of India Limited (SAIL) reported H1 FY'27 PAT of ₹3410 crore and EBITDA of ₹8917 crore. Q2 FY'27 PAT was ₹1774 crore and EBITDA ₹4561 crore. H1 FY'27 turnover reached ₹57776 crore. Production metrics for H1 FY'27 included 9.605 MT crude steel and 8.390 MT saleable steel.
The announcement details substantial improvements in key financial metrics like PAT and EBITDA, as well as operational performance, which are material to investors and stakeholders.
The company reported significant year-on-year growth in profitability (PAT and EBITDA) for both H1 and Q2 FY'27, along with strong production and sales figures, indicating a positive financial performance.
Steel Authority of India Limited (SAIL) announced its financial results for the second quarter (Q2) and first half (H1) of Fiscal Year 2027 (FY'27).
For H1 FY'27, SAIL reported a significant increase in profitability. Profit After Tax (PAT) surged to ₹3410 crore, compared to ₹1112 crore in H1 FY'26. Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) also saw substantial growth, reaching ₹8917 crore in H1 FY'27, up from ₹5754 crore in the same period last year. Turnover for H1 FY'27 stood at ₹57776 crore, with Revenue from Operations at ₹58243 crore.
In Q2 FY'27, PAT was ₹1774 crore, and EBITDA was ₹4561 crore. The company's financial performance was supported by strong operational metrics, including crude steel production of 9.605 million tonnes (MT) and saleable steel production of 8.390 MT for H1 FY'27. Domestic sales reached 9.180 MT, while exports were 0.146 MT, totaling 9.326 MT.
The presentation also provided insights into the global and Indian economic scenarios, with projections for GDP growth and steel demand. The Indian economy is expected to grow at 7.8% in FY'26 and 7.1% in FY'27, according to IMF estimates. Global steel demand is projected to see a marginal decrease of 0.1% in CY 2026, with India expected to show a demand growth of 7.9% in CY 2026 and 8.0% in CY 2027. SAIL's crude steel production for H1 FY'27 grew by 3% over the corresponding period last year, while consumption grew by approximately 8%.
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Steel Authority of India Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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