SAIL S A I L Q2 FY27 results (Jul–Sep 2026) and concall
SAIL had a volume-led Q2 FY27. Sales of 5.2 million tons drove turnover up 20% YoY to ₹31,766 crores and PAT to ₹1,774 crores, even though realizations softened and imported coking coal rose ~₹1,700/t, which compressed EBITDA per tonne. Inventory liquidation, a push on high-end products and iron ore fines sales helped cut borrowings to ₹20,583 crores (0.34x D/E). Management expects a stronger H2 on higher October prices (+~₹4,000/t) and better technical parameters, aiming for EBITDA/t of ₹11,000-12,000. However, a ₹1,20,000 crore capex programme to take capacity from 20 to 35 MTPA will lift ca
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What they filed
Q2 FY27: revenue up 19.8%, net profit up 317.7% against the same quarter last year.
| Line item | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 | Q2 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 24,490 | 29,316 | 25,922 | 26,704 | 27,371 +12% | 30,813 +5% | 26,246 +1% | 31,998 +20% |
| EBITDA | 2,030 | 3,484 | 2,769 | 2,528 | 2,294 +13% | 4,409 +27% | 4,153 +50% | 4,216 +67% |
| Net profit | 142 | 1,251 | 745 | 419 | 374 +163% | 1,835 +47% | 1,644 +121% | 1,750 +318% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.
