News Details

( As on 29/10/2025 19:00)

Steel Authority Q2 net profit down 48.80% at Rs 426.79 cr

The company reported standalone net profit of Rs 426.79 crore for the quarter ended September 30, 2025 as compared to Rs 833.52 crore in the same period last year, registering a year-on-year decline of 48.80 per cent.

Net revenue of the company rose moderately by 8.22 per cent at Rs 26,703.94 crore in July-September quarter of this fiscal as against Rs 24,674.70 crore in the corresponding period last year.

During July-September quarter, operating expenses increased by 11.06 per cent to Rs 24,178.34 crore from Rs 21,770.45 crore in year ago period.

Other Income grew by 12.45 per cent at Rs 303.03 crore versus (Sep'24 Rs 269.49 crore).

Operating Profit slipped by 13.04 per cent to Rs 2,525.60 crore as against Rs 2,904.25 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 19.63 per cent in September quarter.

Interest declined by 36.07 per cent y-o-y to Rs 484.28 crore, while Taxation decreased by 54.81 per cent at Rs 126.10 crore (Sep'24 Rs 279.03 crore).