Steel Authority of India profit falls despite steady production

Steel Authority of India Limited reported sales turnover of Rs. 25,731 crore for Q1 FY'26, with profit before tax falling to Rs. 890 crore from Rs. 1,593 crore in Q4 FY'25. Profit after tax dropped to Rs. 685 crore from Rs. 1,178 crore.

Despite the profit decline, crude steel production remained steady at 5.1 million tonnes, matching the previous quarter. Saleable steel production was also unchanged at 4.7 million tonnes.

The company's net worth increased to Rs. 56,224 crore by June 2025.