SAIL Reports Improved Q1 FY27 Performance with Higher Value-Added Steel and Iron Ore Sales
New Delhi, July 30 -- Steel Authority of India Limited (SAIL) reported improvements in profitability, product mix, capital expenditure and captive mining operations during the first quarter of FY 2026-27, while continuing measures to manage borrowings, working capital and operating costs.
During Q1 FY27, SAIL reduced its borrowings and borrowing costs, while maintaining liquidity. The company also reported improvements in its debt-equity ratio and net debt-to-EBITDA profile.
The share of finished steel in total saleable steel increased to 89 per cent in Q1 FY27, compared with 86 per cent in the corresponding period of the previous year.
Dispatches of value-added steel increased by 7.5 per cent year-on-year. Capital expenditure during t...
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