SAIL Records 16.5% Rise In This autumn Net Profit, Declares Rs 1.60 Dividend

New Delhi: Government-owned metal behemoth SAIL has recorded a standalone internet benefit of Rs 1,178 crore for the January-March quarter of 2024-25, which represents a 16.5 in step with cent building up over the corresponding determine of Rs 1,011 crore for a similar quarter of the former yr. 

The corporate has proposed a last dividend of Rs 1.60 in step with proportion (face price Rs 10 in step with proportion) matter to the approval of Shareholders on the resulting annual normal assembly (AGM).

SAIL’s earnings from operations greater to Rs 29,316 crore right through the fourth quarter of 2024-25, which represents a 4.9 in step with cent building up over the corresponding determine of from Rs 27,958 crore right through the similar quarter of the former yr.

The public sector large’s sale quantity shot as much as 5.33 million tonnes right through the quarter in comparison to 4.56 million tonnes in the similar duration of the former monetary yr.

The PSU’s earnings from operations stood at Rs 29,316.14 crore in This autumn FY25, up 4.9 in step with cent from Rs 27,958.52 crore within the year-ago duration. Compared to Q3FY25, earnings grew 19.7 in step with cent from Rs 24,489.91 crore.

For the whole monetary yr, SAIL’s consolidated internet benefit stood at Rs 2,371.82 crore. The corporate’s earnings from operations for the monetary yr stood at Rs 1,02,479.06 crore, marginally down from Rs 1,05,378.33 crore recorded in FY24.

SAIL Chairman and Managing Director Amarendu Prakash stated that “In an evolving global steel landscape shaped by shifting trade policies and import dynamics, SAIL continues to demonstrate resilience and strategic agility. Our latest financial results underscore our commitment to operational efficiency, sustainable growth, and value creation for stakeholders.”

“Amid challenges posed by international tariffs and import pressures, which was present in the last quarter of FY25, our robust performance reflects our ability to navigate complexities while strengthening our position. The supporting government policies augur well for domestic steel demand and as we move forward, SAIL remains focused on innovation, cost optimisation and planned future expansion in line with National Steel Policy,” he added.