SAIL Q2 Results: Net profit soars 318% on cost optimisation and higher sales; misses estimates
Steel Authority of India Limited (SAIL) reported a 318.1% year-on-year rise in Q2 FY27 net profit to ₹1,750.5 crore, while revenue increased 19.8% to ₹31,998 crore. Higher sales volumes and cost optimisation supported earnings growth, but net profit, EBITDA and EBITDA margin fell short of CNBC-TV18 poll estimates.
State-owned Steel Authority of India Limited (SAIL) on Tuesday (October 27) reported a 318.1% year-on-year jump in standalone net profit to ₹1,750.5 crore for the second quarter of financial year 2026-27, compared with ₹418.7 crore in the year-ago pe... [2082 chars]
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