SAIL Q4 Results: Maharatna PSU profit jumps 47% to Rs 1,836 crore, EBITDA margin improves; final dividend declared

SAIL Q4FY26 Results: Steel Authority of India Ltd (SAIL) on Friday reported a 46.7 per cent year-on-year rise in consolidated net profit for the March quarter of FY26, supported by higher revenue and improved operating performance.

The Maharatna public sector steel maker posted a consolidated net profit of Rs 1,836 crore for Q4FY26, compared with Rs 1,251 crore in the corresponding quarter last year, according to an exchange filing.

SAIL revenue rises 5 per cent

Revenue from operations increased 5.1 per cent to Rs 30,813 crore during the quarter, compared with Rs 29,316 crore in Q4FY25.

The company’s earnings before interest, taxes, depreciation and amortisation (EBITDA) rose 26.5 per cent to Rs 4,408 crore from Rs 3,483 crore in the year-ago quarter.

EBITDA margin expanded to 14.3 per cent from 11.9 per cent in the corresponding quarter of the previous financial year.

SAIL announces dividend

The board of directors also recommended a final dividend of Rs 2.35 per equity share with a face value of Rs 10 each for the financial year 2025-26.

The dividend proposal is subject to shareholder approval at the company’s upcoming Annual General Meeting.

Steel sector in focus

The earnings growth comes amid continued focus on domestic steel demand, infrastructure spending and capacity utilisation across the sector. Investors will closely track management commentary on steel prices, input costs, export demand and expansion plans going into FY27.