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Steel Authority of India Limited (SAIL) reported a 53.3% year-on-year decline in its consolidated net profit for the quarter ended September 2025, despite recording higher steel sales volumes.
According to the company’s filing, net profit fell to ₹589 crore, compared to ₹1,262 crore in the same quarter last year. However, SAIL’s sales volume increased 6.4% to 4.3 million tonnes, supported by strong domestic demand.
The decline in profitability was attributed to rising input costs, especially coking coal, and a fall in average steel realizations in both domestic and export markets.
Despite the margin pressure, SAIL achieved record crude steel production of 4.7 million tonnes, highlighting operational resilience amid market headwinds.
The company stated that it remains focused on cost optimization, capacity modernization, and value-added product development to sustain growth.
Industry analysts said the result reflects a sector-wide trend of margin contraction, even as India’s steel demand continues to rise due to infrastructure and construction spending.
SAIL reaffirmed its commitment to efficiency improvement and sustainable production practices under its long-term growth plan.
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