Steel Authority of India (SAIL) Partnership
SAIL signed an MoU with Bharat Coking Coal Limited for joint development and operation of specific coal blocks in West Bengal.
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SAIL signed an MoU with Bharat Coking Coal Limited for joint development and operation of specific coal blocks in West Bengal.
SAIL held its 54th AGM on September 24, 2026, approving financial statements, director appointments, and a final dividend of Rs. 2.35 per share.
SAIL reported Q1 FY27 Revenue of Rs. 26,010 crore with PAT at Rs. 1,636 crore. EBITDA margin improved to 16.7% vs 12.0% in Q4 FY26.
India Ratings and Research has revised the credit ratings for Steel Authority of India's various debt instruments and bank loan facilities. The rating actions were disclosed to exchanges.
Life Insurance Corporation of India reduced its stake in Steel Authority of India Ltd from 6.625% to 4.625%. The open market sale involved 82,632,513 shares.
SAIL reported Q1 FY27 results with EBITDA of INR 4,356 Cr and PAT of INR 1,636 Cr, reflecting strong profitability despite lower sales volumes due to planned capital repairs.