SAIL NSE filing

SAIL Q3 FY26: PAT Jumps to ₹1554 Crore on ₹79997 Crore Revenue

The RealCase readHigh impact Positive

SAIL reported Q3 FY26 results with revenue from operations at ₹79,997 crore and PAT at ₹1554 crore for 9M FY26. Q3 FY26 PAT was ₹442 crore. The company produced 14.350 MT of crude steel in 9M FY26. Debt stood at ₹34,983 crore, with a Debt-to-Equity ratio of 0.62.

Why it matters

The announcement details substantial financial performance metrics including revenue and profit figures, which are material to investors and significantly impact the company's valuation and market perception.

The market read

The company has reported strong financial results with significant increases in revenue, EBITDA, and PAT for both the nine-month period and the third quarter, indicating positive business performance.

Steel Authority of India Limited (SAIL) has announced its financial results for the third quarter (Q3) and nine months (9M) of the fiscal year 2025-26 (FY'26).

For the nine months ended December 31, 2025, SAIL reported a turnover of ₹79,425 crore and revenue from operations of ₹79,997 crore. The company's EBITDA for this period stood at ₹8,384 crore, with a PBT of ₹2,010 crore and a PAT of ₹1,554 crore. This represents a significant increase in profitability compared to the previous year's 9-month period. The company's net worth as of December 2025 was ₹56,236 crore. In terms of production, SAIL produced 15.143 MT of Hot Metal, 14.350 MT of Crude Steel, and 14.241 MT of Saleable Steel during the 9M FY'26 period. The company also highlighted its debt position, with Debt (IndAS) at ₹34,983 crore and a Debt-to-Equity ratio of 0.62.

In Q3 FY'26, SAIL recorded a turnover of ₹27,170 crore and revenue from operations of ₹27,703 crore. The EBITDA for the quarter was ₹2,630 crore, with PBT at ₹568 crore and PAT at ₹442 crore. The company's financial performance demonstrates a robust growth trajectory, driven by strong operational efficiency and favorable market conditions. SAIL's financial health is further indicated by its Interest Coverage Ratio of 2.10 and a Debt Service Coverage Ratio (DSCR) of 3.03.

The presentation also provided insights into the global and domestic economic and steel scenarios. Global GDP is projected to grow steadily, with emerging economies outperforming advanced economies. The world steel scenario indicates a continued dominance by China in production, though India is projected to show positive growth. Domestic economic projections show India as one of the fastest-growing major economies, with steel demand expected to grow significantly. SAIL's operational performance in Q3 FY'25 and Q3 FY'26 shows an increase in Crude Steel Production from 4.4 MT to 4.7 MT and Saleable Steel Production from 4.4 MT to 4.7 MT.

Filing to action

What to do with a filing like this

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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Primary source

A plain-language summary of a public exchange filing by Steel Authority of India Limited. Read the original for the full detail.

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