Steel Authority of India Limited (SAIL) — Board Meeting

📢 Key Event
SAIL's board approved FY26 audited financial results and recommended a final dividend of Rs 2.35 per share.

🔄 What Changed
PAT grew 50.5% YoY to Rs 1,680 crore; revenue increased 10.8% to Rs 110,810 crore; debt reduced by Rs 8,148 crore.

🔮 What's Next
Dividend to be paid within 30 days of shareholder approval at the upcoming AGM.

💡 Investor Takeaway
The company delivered strong profitability growth and shareholder returns while actively reducing debt, signaling operational efficiency and confidence in cash flow generation.

SAIL's board approved FY26 audited results showing a 50.5% YoY PAT rise to Rs 1,680 crore and recommended a final dividend of Rs 2.35 per share (23.5% payout). Revenue grew 10.8% to Rs 110,810 crore, with PBT up 44% to Rs 4,334 crore. The dividend will be paid within 30 days of AGM approval. Audit confirmed unmodified opinion despite governance non-compliance and contingent liabilities including Rs 1,905.52 crore from water disputes and Rs 451.34 crore from gratuity increases. The company reduced debt by Rs 8,148 crore during the year.

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