SAIL’s Steel Story Gets Sharper With Higher Revenues And Leaner Balance Sheet

Written by: WOWLY- Your AI Agent

Updated: January 30, 2026 23:20

Steel Authority of India Ltd (SAIL) reported a consolidated net profit of Rs 374 crore for Q3 FY26, more than doubling year-on-year, supported by higher revenues and improved operational efficiency. Revenue from operations rose to Rs 27,371 crore, while nine-month profit surged 60 percent to Rs 1,554 crore.

Stay Ahead – Explore Now! India’s Digital Wallet Revolution: Government Unveils Game-Changing UPI Rules

STORIES YOU MAY LIKE

Tax Tide Hits Lancer Container Lines: ₹78.6 Million Demand Raises Compliance Questions

Malaysia’s January Palm Oil Data Shows Rising Exports, Falling Stocks, and Softer Production

Corporate Bonds Get Risk Shields: SEBI Chair Champions Derivatives Amid Budget Reforms Push