5 Jan 2026, Mon

Steel Authority of India’s brilliant performance in the first quarter, the profit increased by 9 times 744 crore

Sail Q1 Results: Despite the global uncertainties, the results of the first quarter (April-June) of the Steel Authority of India (SAIL) FY 2025-26 were excellent. The profit of the country’s largest steel manufacturer Cell increased to 744.5 crore. This is an increase of Rs 81.7 crore on an annual basis. Profit has increased due to increasing cash flow of the company and improvement in operational capacity. In the information given to the stock market on Friday, the cell informed the quarterly result.

Company’s tremendous performance

The ‘Maharatna’ company of the public sector had a profit of Rs 81.78 crore in the same quarter of last year. During the first quarter, the company’s revenue increased to Rs 26,083.90 crore. It was Rs 24,174.80 crore during the same quarter of the last financial year.

However, the company’s quarterly expenditure has increased. While the expenditure was Rs 23,871.60 crore during the first quarter last year, it increased to Rs 25,189.19 crore during the June quarter. According to SAIL’s managing director Amarendra Prakash, the first quarter performance reflects better operating efficiency, increased sales in the domestic market and strong cash flow.

SAIL increased expenditure

He says that despite such uncertainty globally, the company continues to provide high quality steel to all steel consumer areas due to increasing domestic consumption, safety fee support from the government and detailed steel capacity.

After the quarterly results of the sale, the company’s shares on BSE slipped around four percent and closed at 130.65. Last year, on 1 August 2024, the price of SAIL’s share was Rs 156.30, which was a record for its one year shares. Since then, in 2025, on February 12, 36.53 percent fell to 99.20, which was a record low of one year.

Also read: Gold became cheaper for the third consecutive day, silver also faded, know the fresh price of your city on 26 July 2025

Disclaimer: (The information provided here is being given only for information. It is necessary to tell here that the investment in the market is subject to risks. Always consult expert before investing as an investor. Abplive.com is never advised to invest money here.)

Source link

By Admin

Leave a Reply

Your email address will not be published. Required fields are marked *