Signal Desk · Markets

SAIL Q2 profit jumps 318.1% as revenue rises

2026-10-27 · 1 source · CNBC TV18 Market

In short

SAIL reported Q2 FY27 net profit of ₹1,750.5 crore, up 318.1% from a year earlier. Revenue rose 19.8% to ₹31,998 crore, helped by cost cuts and higher sales.

This matters because profit was much higher, but some key operating numbers missed estimates. The report does not say how long the cost savings will last.

What the reporting says

SAIL reported Q2 FY27 net profit of ₹1,750.5 crore, up 318.1% year on year, while revenue grew 19.8% to ₹31,998 crore. The company said the results were helped by cost optimisation and higher sales, but the report also says EBITDA and EBITDA margin missed estimates. The immediate consequence is a much stronger profit print, though some operating metrics fell short of expectations.

Why it matters

SAIL reported a sharp Q2 FY27 earnings increase, with profit and revenue both rising, and management tied the result to cost optimisation and higher sales. Revenue beat the CNBC-TV18 poll estimate, but EBITDA and EBITDA margin missed expectations, which tempers the strength of the quarter. The reporting leaves open how much of the profit jump is sustainable.

Touches: Steel Authority of India Limited, SAIL, Markets, Companies

Sources