New Delhi: Steel Authority of India Limited (SAIL), India’s largest steel PSU, has announced the record date for its Final Dividend for the Financial Year 2024–25. According to a regulatory filing, the company has fixed Tuesday, September 9, 2025, as the record date to determine the eligibility of shareholders for receiving the dividend.
The Board of Directors has recommended a Final Dividend of ₹1.60 per equity share of face value ₹10 each, amounting to 16% of the paid-up equity capital.
Dividend Payout Timeline
The company clarified that the Final Dividend, subject to shareholder approval at the upcoming Annual General Meeting (AGM), will be disbursed within 30 days of the AGM approval. The payout will be subject to applicable Tax Deducted at Source (TDS) norms.
This dividend comes as part of SAIL’s continuing commitment to returning value to its shareholders while balancing capital allocation for growth and operations.
Q1 FY25 Financial Highlights
SAIL also reported strong financial results for the first quarter (April–June) of FY 2025:
- Revenue from operations stood at ₹25,920 crore, marking a year-on-year increase of 8.02%.
- Net Income for the quarter reached ₹744.58 crore, indicating a stable financial performance amid global commodity fluctuations.
Market Reaction
Despite the dividend announcement and strong quarterly performance, SAIL shares were trading down by 1.16% at ₹121.82 on the Bombay Stock Exchange (BSE) at the time of reporting.
Market analysts suggest the dip may be due to broader market sentiment or profit booking by investors after a recent rally in metal stocks.
About SAIL
Steel Authority of India Limited (SAIL) is a Maharatna Central Public Sector Enterprise under the Ministry of Steel. As one of India’s largest steel producers, SAIL plays a critical role in national infrastructure, industrial development, and raw material self-reliance.
