Key Points

Steel Authority of India Limited (SAIL) reported a significant 16.5% rise in its Q4 net profit, reaching Rs 1,178 crore. This impressive growth was accompanied by the announcement of a Rs 1.60 per share dividend, subject to shareholder approval. SAIL's Q4 revenue increased to Rs 29,316 crore, reflecting positive market trends and increased sales volume. Chairman Amarendu Prakash emphasized SAIL's resilience and focus on innovation amidst global and domestic challenges.

Key Points: SAIL Sees 16.5% Profit Surge Declares Rs 1.60 Dividend

  • SAIL Q4 profits rise to Rs 1,178 crore
  • Announced Rs 1.60 dividend per share
  • Revenue grew to Rs 29,316 crore in Q4
  • Sale volume increased to 5.33 million tonnes
2 min read

SAIL records 16.5 pc rise in q4 net profit, declares Rs 1.60 dividend

SAIL's Q4 profits rise 16.5% to Rs 1,178 crore; final dividend announced at Rs 1.60 per share.

"SAIL continues to demonstrate resilience and strategic agility. - Amarendu Prakash"

New Delhi, May 29

Government-owned steel behemoth SAIL has recorded a standalone net profit of Rs 1,178 crore for the January-March quarter of 2024-25, which represents a 16.5 per cent increase over the corresponding figure of Rs 1,011 crore for the same quarter of the previous year.

The company has proposed a final dividend of Rs 1.60 per share (face value Rs 10 per share) subject to the approval of Shareholders at the ensuing annual general meeting (AGM).

SAIL's revenue from operations increased to Rs 29,316 crore during the fourth quarter of 2024-25, which represents a 4.9 per cent increase over the corresponding figure of from Rs 27,958 crore during the same quarter of the previous year.

The public sector giant's sale volume shot up to 5.33 million tonnes during the quarter compared to 4.56 million tonnes in the same period of the previous financial year.

The PSU's revenue from operations stood at Rs 29,316.14 crore in Q4 FY25, up 4.9 per cent from Rs 27,958.52 crore in the year-ago period. Compared to Q3FY25, revenue grew 19.7 per cent from Rs 24,489.91 crore.

For the full financial year, SAIL's consolidated net profit stood at Rs 2,371.82 crore. The company's revenue from operations for the financial year 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 said 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.

- IANS

Share this article:

Reader Comments

R
Rahul K.
Great to see a PSU performing well! SAIL's growth shows that our public sector can compete globally. The dividend is a nice bonus for shareholders. Hope they continue this momentum and invest more in modernizing plants. 🇮🇳
P
Priya M.
While the profit growth is impressive, I'm concerned about the marginal revenue decline for the full year. SAIL needs to focus more on export markets to compensate for domestic fluctuations. Still, good job overall!
A
Amit S.
As someone from Jharkhand where SAIL has major operations, this news makes me proud! The company provides so many jobs in our region. Hope they use these profits to improve worker facilities and local infrastructure too.
N
Neha T.
The 19.7% QoQ revenue growth is fantastic! 👏 Shows SAIL is adapting well to market changes. But they should be more transparent about how they're planning to deal with international tariff challenges mentioned by the CMD.
S
Sanjay R.
Rs 1.60 dividend seems low compared to private steel companies. SAIL should reward loyal shareholders better. The profit growth is good but need to see if this is sustainable or just temporary market conditions.
K
Kavita P.
Happy to see our navratna company doing well! The sales volume increase is particularly impressive. Hope they continue focusing on quality along with quantity. Jai Hind!

We welcome thoughtful discussions from our readers. Please keep comments respectful and on-topic.

Leave a Comment

Minimum 50 characters 0/50