The Steel Authorities of India (SAIL) has recorded a net profit of Rs 1,178 crore for the January-March quarter of 2024-25.

The profit shows a 16 per cent growth over the corresponding figure of Rs 1,011 crore for the same quarter in the previous year.

The SAIl has proposed a final dividend of Rs 1.60 per share (face value Rs 10 per share) subject to the approval of shareholders at the ensuing annual general meeting (AGM).

SAIL’s revenue from operations increased to Rs 29,316 crore during the fourth quarter of 2024-25, which represents a 4.9 per cent increase over the corresponding figure of from Rs 27,958 crore against the last year tally.

The public sector giant’s sales volume shot up to 5.33 million tonnes during the quarter compared to 4.56 million tonnes in the same period of the previous financial year.

The PSU’s revenue from operations stood at Rs 29,316 crore in Q4 FY25, up 4.9 per cent from Rs 27,958 crore in the same quarter of previous year. Compared to Q3FY25, revenue grew 19.7 per cent from Rs 24,490 crore.

The SAIL’s revenue from operations for the financial year stood at Rs 1,02,478 crore, marginally down from Rs 1,05,375 crore recorded in FY24.

SAIL Chairman and Managing Director Amarendu Prakash said, “In an evolving global steel landscape shaped by shifting trade policies and import dynamics, SAIL continues to demonstrate resilience and strategic agility. Our latest financial results underscore our commitment to operational efficiency, sustainable growth, and value creation for stakeholders.Amid challenges posed by international tariffs and import pressures, which was present in the last quarter of FY25, our robust performance reflects our ability to navigate complexities while strengthening our position.