News ArticleSteel Authority of India Limited Posts Rs. 3,410 Crore Net Profit and 3% Rise in Crude Steel Production in H1 FY27
Q2 FY27 EPS stands at 8.25 with revenue from operations reaching Rs. 58,243 crore and debt-to-equity ratio maintained at 0.52
Steel Authority of India Limited (SAIL) announced its financial results for Q2 and H1 FY27, reporting a net profit after tax of Rs. 3,410 crore in H1 and Rs. 8.25 EPS, alongside a 3% increase in crude steel production to 9.605 million tonnes in H1 FY27. The company also achieved a revenue from operations of Rs. 58,243 crore and maintained a healthy debt-to-equity ratio of 0.52.
Steel Authority of India Limited
Investor Presentation
Steel Authority of India Limited (SAIL) released its financial results for the second quarter and first half of fiscal year 2027, reporting a net profit after tax of Rs. 3,410 crore for H1 FY27 and an EPS of 8.25 for Q2 FY27, while lifting crude steel production by 3% over the previous year period.
For the first half of FY27, SAIL recorded an EBITDA of Rs. 8,917 crore and a profit before tax of Rs. 4,515 crore, with turnover reaching Rs. 57,776 crore and revenue from operations Rs. 58,243 crore. The company’s net worth stood at Rs. 60,329 crore.
Operationally, crude steel production rose to 9.605 million tonnes, a 3% increase from the corresponding prior year period. Saleable steel production was 8.390 million tonnes, while hot metal production was at 10.203 million tonnes in H1 FY27.
The company’s financial ratios include a debt-to-equity ratio of 0.52, debt service coverage ratio of 2.64, and an interest coverage ratio of 4.89, reflecting stable balance sheet strength.
Domestic sales volumes amounted to 9.180 million tonnes, with exports at 0.146 million tonnes, totaling 9.326 million tonnes in sales during H1 FY27. Mining outputs for iron ore, limestone and dolomite stood at 19.547 MT, 0.534 MT and 0.241 MT respectively.
Highlights
- Net profit after tax of Rs. 3,410 crore recorded for H1 FY27.
- Earnings per share (EPS) for Q2 FY27 at 8.25.
- Revenue from operations totaled Rs. 58,243 crore in H1 FY27.
- Crude steel production rose by 3% to 9.605 million tonnes in H1 FY27.
- Debt to equity ratio maintained at 0.52 during the period.
- Domestic steel sales reached 9.180 million tonnes in H1 FY27.
Key Data Snapshot
What happened
- Steel Authority of India Limited reported its financial and operational results for Q2 and H1 FY27.
- For H1 FY27, the company recorded a net profit after tax of Rs. 3,410 crore with revenue from operations totaling Rs. 58,243 crore.
- Crude steel production increased by 3% to 9.605 million tonnes in the first half of FY27 compared to the previous year period.
- Earnings per share for Q2 FY27 stood at 8.25.
- Debt to equity ratio stood at 0.52, indicating the company’s manageable leverage position.
Financial performance
- EBITDA for H1 FY27 was Rs. 8,917 crore and profit before tax was Rs. 4,515 crore.
- Turnover during H1 FY27 reached Rs. 57,776 crore while the net worth was recorded at Rs. 60,329 crore.
- Interest coverage ratio was 4.89 with a debt service coverage ratio of 2.64.
- Domestic sales for H1 FY27 were 9.180 million tonnes, while exports accounted for 0.146 million tonnes.
Operational performance
- Hot metal production stood at 10.203 million tonnes.
- Saleable steel production amounted to 8.390 million tonnes in H1 FY27.
- Mining outputs included iron ore at 19.547 million tonnes, limestone at 0.534 million tonnes, and dolomite at 0.241 million tonnes.
- Crude steel production in Q2 FY27 increased 5% over Q2 FY26 and 2% over Q1 FY27.
- Finished steel consumption grew by about 8% year over year during H1 FY27.
Background and context
- Global steel production saw a 0.7% decline in Jan-Aug 2026 compared to Jan-Aug 2025, with China reducing output by 3.1%.
- Global steel demand is projected to decrease by 0.1% in 2026 but expected to increase by 1.7% in 2027, according to the World Steel Association.
- India’s steel consumption growth is estimated at 7.9% in 2026 and 8.0% in 2027.
Highlights
- Net profit after tax of Rs. 3,410 crore recorded for H1 FY27.
- Earnings per share (EPS) for Q2 FY27 at 8.25.
- Revenue from operations totaled Rs. 58,243 crore in H1 FY27.
- Crude steel production rose by 3% to 9.605 million tonnes in H1 FY27.
- Debt to equity ratio maintained at 0.52 during the period.
- Domestic steel sales reached 9.180 million tonnes in H1 FY27.
Disclosures
- IndAS accounting standards
More News on Investor Presentation
View allLatest corporate announcements and market updates in Investor Presentation.
APAR Industries Reports Highest Ever Revenue and Announces Rs 1,500 Crore Capex for Financial Year 2027
APAR Industries Limited shared its October 2026 corporate presentation revealing its highest consolidated revenue to date for FY 2025-26 and outlining a robust Rs 1,500 crore capital expenditure plan for FY27 aimed at scaling operations and capturing emerging opportunities in the energy infrastructure sector.
Read Full Story
APAR Industries Posts Rs. 914.80 Crore Profit After Tax in H1 FY 2026-27, Approves USD 100 Million Investment in Singapore Subsidiary
APAR Industries Limited announced unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026, posting a consolidated profit after tax of Rs. 914.80 crore for the half year of FY 2026-27.
Read Full Story
Schaeffler India Limited Shares Q3 CY26 Industry and Economic Highlights Showing Strong Automotive Sector Growth
Schaeffler India Limited disclosed its Q3 CY26 investor presentation detailing key economic indicators and industry sector performances including significant growth in automotive production volumes during the quarter.
Read Full Story
