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VERIFIEDMint Markets·positive
SAIL Q1 Results: Net profit jumps 138% YoY to ₹1,636 crore; revenue remains flat
AI Summary
- ·SAIL's net profit surged 138% year-on-year to ₹1,636 crore in Q1 FY27.
- ·EBITDA saw a 49% year-on-year increase, reaching ₹4,356 crore.
- ·The company reduced production in Q1 due to geopolitical concerns but anticipates future stability.