SAIL Q4 net profit rises 11% to Rs 1,251 crore on higher revenue; declares final dividend

New Delhi: Steel Authority of India Limited (SAIL), the state-owned steel giant, has reported an 11.1 percent year-on-year increase in its consolidated net profit at Rs 1,250.98 crore for the fourth quarter of the financial year 2024-25 (FY25), supported by improved revenues.

In the corresponding quarter of the previous fiscal (Q4 FY24), SAIL had posted a net profit of Rs 1,125.68 crore. Revenue from operations during the January-March 2025 period rose to Rs 29,316.14 crore, up from Rs 27,958.52 crore a year ago.

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Total expenses for the quarter stood at Rs 28,020.56 crore, compared to Rs 26,473.86 crore in Q4 of FY24. On a sequential basis, SAIL reported a sharp rebound in profitability, with Q4 net profit rising nearly nine-fold from Rs 141.89 crore reported in the third quarter of FY25.

However, for the full financial year FY25, SAIL's net profit declined to Rs 2,371.80 crore, down from Rs 3,066.67 crore in FY24.

The company’s Board has recommended a final dividend of Rs 1.60 per equity share of Rs 10 each for FY25.

Commenting on the performance, SAIL Chairman and Managing Director (CMD) Amarendu Prakash said, "Our latest financial results underscore our commitment to operational efficiency, sustainable growth, and value creation for stakeholders. Amidst challenges posed by international tariffs and import pressures in the last quarter of FY25, our robust performance reflects our ability to navigate complexities while strengthening our position."

He added that favourable government policies continue to support domestic steel demand and that SAIL remains focused on innovation, cost optimization, and future expansion aligned with the National Steel Policy.

In FY25, the company produced 19.17 million tonnes (MT) of crude steel, with sales reaching 17.89 MT.

As of March 31, 2025, SAIL reported sub-grade iron ore fines inventory of 40.22 MT valued at Rs 3,867.41 crore. Of this, 37.92 MT worth Rs 3,670.30 crore is classified as non-current inventory and 2.30 MT worth Rs 197.11 crore as current inventory. The company said it is in the process of formulating a detailed plan for the disposal or consumption of these inventories.

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