New Delhi: The Steel Authority of India Limited (SAIL), a state-owned steel major, has reported an 11.1% year-on-year rise in its consolidated net profit for the fourth quarter of FY2024–25, supported by stronger operational revenues. The company’s Q4FY25 net profit stood at ₹1,250.98 crore, up from ₹1,125.68 crore in the same quarter of the previous fiscal.
Revenue from operations for the January-March 2025 quarter rose to ₹29,316.14 crore, reflecting a steady growth from ₹27,958.52 crore in Q4FY24. Total expenses increased to ₹28,020.56 crore, up from ₹26,473.86 crore a year earlier.
On a sequential basis, SAIL posted a major recovery. The Q4FY25 net profit surged nearly nine-fold from ₹141.89 crore reported in the preceding quarter (Q3FY25), signaling strong operational recovery and effective cost controls.
Read Also: SAIL Reports Revenue Growth and Improved EBITDA in Q3 FY25
Full-Year Performance Dips
Despite a strong finish to the fiscal year, the full-year net profit for FY25 declined to ₹2,371.80 crore — a drop of nearly 22.7% from ₹3,066.67 crore in FY24. The decline was attributed to volatility in global steel prices, rising input costs, and international trade pressures including tariffs and rising imports.
The company’s Board of Directors has recommended a final dividend of ₹1.60 per equity share (face value ₹10) for the year ended March 31, 2025.
CMD: “Resilience Amid Headwinds”
SAIL Chairman and Managing Director Amarendu Prakash said the company’s Q4 results reflected resilience in the face of international trade challenges and growing import pressures.
“Our latest financial results underscore our commitment to operational efficiency, sustainable growth, and value creation for stakeholders,” Prakash said. “Favourable government policies have supported domestic steel demand, and we remain focused on innovation, cost optimisation, and expansion aligned with the National Steel Policy.”
Production & Inventory
For FY25, SAIL produced 19.17 million tonnes (MT) of crude steel, with total sales reaching 17.89 MT. The company also reported substantial sub-grade iron ore fines inventory of 40.22 MT, valued at ₹3,867.41 crore as of March 31, 2025. Of this, ₹3,670.30 crore worth of stock is classified as non-current inventory and ₹197.11 crore as current inventory. SAIL said it is formulating a detailed plan to dispose of or utilize this inventory in future operations.
Outlook
SAIL is expected to continue focusing on optimizing production costs, boosting capacity utilization, and investing in future expansion projects. With government-backed infrastructure demand and an emphasis on domestic sourcing, the company is strategically positioned to maintain growth despite global uncertainties.
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About SAIL
SAIL, or Steel Authority of India Ltd, is an Indian public sector steel manufacturing corporation headquartered in New Delhi. It’s one of India’s largest steel manufacturers and a “Maharatna” (a top-tier Public Sector Enterprise). SAIL manages several integrated and special steel plants across India, including those in Bhilai, Rourkela, Durgapur, Bokaro, and Burnpur. It is the largest government-owned steel producer in India, with an annual production capacity of 18.29 million metric tons.