SAIL Q3 Net Profit Soars Nearly 3x on Higher Volumes, Beats Forecast

• SAIL reported a net profit of ₹374 crore for Q3, a nearly threefold increase from ₹142 crore in the year-ago period.
• The profit growth was driven by operational efficiency, inventory liquidation, and cost optimisation measures.
• Revenue rose 12% year-on-year to ₹27,371 crore, while EBITDA increased 13% to ₹2,294 crore, surpassing poll estimates.
• Crude steel production grew 2% in 9MFY26, and sales volume increased 16.3% due to expanded outreach and improved market reach.
• The company reduced its debt by close to ₹5,000 crore during the nine months ended December 31, 2025.

Why It Matters: SAIL's Q3 net profit surged significantly due to strong volumes, operational efficiency, and debt reduction.