The state owned Maharatna, Steel Authority of India Limited (SAIL) on Wednesday announced its financial results for the half year ended 30th September 2026 (H1 FY'27), showcasing resilient performance and improved profitability. Speaking on the occasion, Dr. A K Panda, CMD, SAIL said, "SAIL's performance in H1 and Q2 FY 2026-27 reflects our operational resilience, financial prudence and strategic agility amid global market volatility.
Leveraging India's strong infrastructure growth and rising domestic steel demand, we achieved an 8.2% QoQ growth in finished and saleable steel during Q2, supported by higher sales volumes and robust production, alongside a significant increase in iron ore production and sales.
Our focus remains on enhancing techno-economic parameters, rationalizing costs, maintaining inventory discipline through systematic stock reduction and increasing the share of high end products to improve profitability and strengthen our balance sheet through sustained reduction in borrowings".