Indian state-owned steelmaker Steel Authority of India Limited (SAIL) has announced its financial results for the quarter and year ending March 31, 2025.
In Q4 FY25, SAIL posted a revenue of INR 29,316 crore (USD 3.4 bln), up from INR 27,958 crore in the previous quarter. Net profit rose to INR 1,178 crore (USD 137.8 mln), compared to INR 1,011 crore in the same period last year. Crude steel production edged up to 5.09 mln tons from 5.02 mln tons, while sales volume climbed to 5.33 mln tons from 4.56 mln tons YoY.
However, for the full year, revenue from operations declined to INR 102,478 crore (USD 12 bln) from INR 105,375 crore in FY24. Annual net profit fell to INR 2,148 crore (USD 251 mln), down from INR 2,733 crore the previous year.
Crude steel production for FY25 dipped slightly to 19.17 mln tons, compared to 19.24 mln tons in FY24, though sales volume rose to 17.89 mln tons from 17.02 mln tons.
SAIL remains one of India’s largest steel producers, with an annual capacity of around 20 mln tons.
1 USD / 85.4 INR