Shares of Steel Authority of India (SAIL) will be in focus heading into trade on Monday after it reported a consolidated net profit of Rs 1,835 crore for the March quarter, compared with Rs 1,251 crore in the same period last year, registering a 47% year-on-year increase. The profit after tax attributable to the owners of the parent company rose on the back of steady growth in revenue.
Revenue from operations stood at Rs 30,813 crore in Q4FY26, up 5% from Rs 29,316 crore reported in the corresponding quarter of the previous financial year. On a sequential basis, the company’s profit jumped 391% from Rs 374 crore posted in Q3FY26, while revenue rose 13% from Rs 27,371 crore recorded in the October-December quarter.
