SAIL Q2 Results: Net profit surges four-fold to Rs 1750 crore on higher revenue

State-owned Steel Authority of India Ltd (SAIL) on Tuesday posted a four-fold rise in consolidated net profit to Rs 1,750.47 crore in the September quarter on the back of higher revenues.

The PSU reported a net profit of Rs 418.72 crore in the year-ago quarter, the company said in an exchange filing.

The company's revenue from operations rose to Rs 31,997.55 crore in Q2 FY27 from Rs 26,704.17 crore in the year-ago quarter.

Total expenses during the second quarter rose to Rs 29,913.65 crore from Rs 26,113.64 crore in the same period a year ago.

SAIL, under the Ministry of Steel, is India's largest public sector steel-making entity, having an annual capacity of over 20 million tonnes.