Results - Announcements
Steel Authority of India Ltd share price ticked higher by 0.94% to Rs 171.5 after the company's net profit grew slightly 6.47% to Rs 1750.47 crore, while revenue from operations gained significantly 21.92% to Rs 31997.55 crore in Q3FY26 over Q2FY26.
The market capitalization of Iron & Steel industry group stocks on BSE stood at Rs 8.36 lakh crore, gaining 8.03%. It has marginally improved by 0.87% over last one week and edged lower by 4.17% in last one month while the market capitalization of Steel Authority of India Ltd has improved by 1.30% and 1.48% in the same period respectively.
Profit before tax (PBT) of Steel Authority of India Ltd stood at Rs 2324.34 crore in Q3 FY26, surging by 317.94% year-on-year, and rising 6.30% quarter-on-quarter. EBITDA came in at Rs 3984 crore, jumping 71.55% YoY and easing 0.94% sequentially.
Total expenses soared by 24.25% to Rs 29390.25 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 13914.49 crore, increasing 10.14% YoY, while employee benefits expense was at Rs 2864.09 crore, softening 2.61% YoY.
For the TTM ended FY26, revenue from operations grew marginally by 8.13% to Rs 1.11 lakh crore, while net profit surged by 42.20% to Rs 3372.8 crore, compared to previous TTM. EBITDA jumped by 1010718% to Rs 11105.81 crore, and PBT soared 38.57% to Rs 4505.51 crore compared to previous TTM.
The company's consolidated net cash flow from operating activities stood at Rs 19039.3 crore in FY26, as against Rs 9914.3 crore in FY25.
Steel Authority of India Ltd jumped 31.97% in last one year, significantly outperforming the benchmark BSE Sensex which has declined by 13.19% during the same period.