Steel Authority of India Limited (SAIL) achieved consolidated net profit of INR 4.2 billion ($47.40 million) in the second quarter (July-September) of fiscal 2025-26, a decline of 53 percent over the corresponding quarter of the previous fiscal, according to a company statement on Thursday, October 30.
The company reported a total income of INR 269.1 billion ($3.05 billion) during the quarter, a rise of 8 percent.
I graduated from the University of Kolkata with a degree in economics and have three decades of experience in reporting for leading print media publications, covering key manufacturing industries like iron and steel, energy (fossil and renewable), chemicals and petrochemicals and mining sectors (coal, bauxite, iron ore and copper). I work as a correspondent for SteelOrbis reporting on the Indian steel industry covering pricing and trade trends across the value chain, capacity creations and utilizations, corporate developments, government policy frameworks and industry related news.
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