Steel Authority of India Limited Sponsored GDR RegS (NSE:SAIL) struck a $350M JV with Indonesia’s Krakatau Steel to build a 500kt/yr stainless slab plant feeding Salem, subject to feasibility, equity and approvals with a 3–4 year COD target; Q1 FY27 revenue noted and a one‑time FY25 rail price cut…
Q1 FY'27 saw strong operational and financial performance, with revenue from operations at Rs. 26,246 crore, EBITDA at Rs. 4,356 crore, and PAT at Rs. 1,636 crore. Steel production and consumption in India continued to grow, supported by robust domestic demand.Original document: Steel Authority of…
Net profit for Q1 FY27 surged over 138% year-over-year to ₹1,636 crore, with revenue at ₹26,246 crore and EBITDA at ₹4,356 crore. Operational efficiencies and cost management drove profitability, while the company remains optimistic about future performance amid strong domestic steel demand.Origina…
