SAIL Q4 FY25 Results 2025: Revenue ₹29,316 Cr

What SAIL reported for Q4 FY25

Steel Authority of India Limited (SAIL) reported Q4 FY25 revenue from operations of ₹29,316 crore, showing a year-on-year increase from ₹27,959 crore. Consolidated profit after tax (PAT) for the quarter was reported at ₹1,251 crore, compared with ₹1,125.7 crore in Q4 FY24. The company’s results also reflected a sharp sequential recovery, with PAT rising from ₹142 crore in Q3 FY25. On the revenue side, the quarter’s ₹29,316 crore compared with ₹24,490 crore in the previous quarter. A key operational marker in the company’s exchange filing was higher sales volume in the March quarter. Even with improved quarterly profitability, the full-year picture remained softer versus FY24.

Consolidated profit and the cost backdrop

The quarterly numbers came amid commentary that higher material and operating costs weighed on profitability, even as revenue improved. One portion of the information set described net profit as falling year-on-year due to cost pressure, while another set of figures showed an increase versus the year-ago quarter. What is consistent across the provided data is that costs and expenses remained a key variable in the quarter’s outcome. As per the exchange-related summary included in the material, SAIL incurred expenses of ₹28,021 crore in Q4 FY25. These expenses were described as being driven by items such as materials consumed, employee benefits, finance cost, and depreciation and amortisation. Investors typically track this cost line closely for steelmakers because raw material and energy costs can shift quickly. The Q4 improvement versus Q3 suggests better realisations, volumes, or operating leverage, but the full-year decline indicates the overall year remained challenging.

Full-year FY25: PAT declined year-on-year

For FY25, SAIL reported a PAT of ₹2,371.8 crore, down 22.7% from ₹3,066.7 crore in FY24. The full-year revenue from operations was reported at ₹1,02,479 crore, compared with ₹1,05,378 crore in the previous year. The year-on-year decline in annual profit, despite a stronger March quarter, indicates that earlier quarters in FY25 were weaker on profitability. This pattern is also consistent with the sequential jump highlighted for Q4, where profit rose sharply from Q3 FY25. For shareholders, the combination of a better Q4 and weaker annual earnings framed the results narrative. It also set the context for the dividend recommendation.

Operational snapshot: production and sales volumes

In the company’s filing-style operational table, SAIL reported crude steel production of 5.09 million tonnes in Q4 FY25 versus 5.02 million tonnes in Q4 FY24. Sales volume was reported at 5.33 million tonnes in Q4 FY25 compared with 4.56 million tonnes in the year-ago quarter. These volume numbers matter because they influence fixed-cost absorption and plant-level efficiency in an integrated steel business. In quarters where volumes improve, operating performance can look stronger even if pricing is not at peak levels. The Q4 improvement in sales volume also aligns with the quarter-on-quarter rise in revenue from operations.

EPS and profitability indicators disclosed

SAIL’s Q4 EPS was stated at ₹3.03 per share in the provided summary. Separately, the same material set also includes a comparison table showing PAT of ₹1,250.0 crore versus ₹1,125.7 crore, with EPS of ₹3.03 versus ₹2.73. These figures point to improved per-share profitability for the quarter compared with the year-ago period in that dataset. Readers should note that the source material includes multiple overlapping result summaries across periods, so the cleanest takeaway is the Q4 FY25 print: revenue at ₹29,316 crore and profit around ₹1,250 crore, with EPS around ₹3.0.

Dividend: ₹1.60 per share proposed for FY25

SAIL’s Board of Directors recommended a final dividend of ₹1.60 per equity share (face value ₹10), described as 16% of the paid-up equity share capital. The filing note said the final dividend, if approved by shareholders at the ensuing Annual General Meeting (AGM), would be paid within 30 days from the date of approval. The record date to determine eligible shareholders was to be announced separately. Dividend decisions are typically assessed alongside cash flows, profitability, and capex needs, but the key factual point in the provided information is the proposed payout and its timeline linkage to AGM approval.

Market focus: what investors will likely track next

After results, the market’s focus generally shifts to a few near-term indicators that can be monitored from subsequent updates: sales volumes, realised prices, and movement in key cost lines. The material explicitly flagged higher materials and operating costs as an earnings pressure point. It also provided a quarter-level expenses number of ₹28,021 crore, which highlights the scale of the cost base. For steel companies, changes in coal, power, freight, and employee costs can influence margin movement across quarters. The sequential rebound in Q4 suggests that the company exited FY25 on a stronger footing than it experienced in Q3.

Key numbers at a glance

Dividend schedule and terms shared

Why the Q4 FY25 print matters

The Q4 FY25 results show a clear sequential recovery, with profit rising sharply from Q3 alongside a meaningful increase in revenue. At the same time, FY25 PAT declined year-on-year, highlighting that the year’s profitability remained under pressure overall. The proposed ₹1.60 final dividend is an additional datapoint for shareholders, but it remains subject to AGM approval as stated. Going forward, updates around costs and operating performance will be important for interpreting whether Q4 strength can be sustained into FY26. The next key event on the calendar is the AGM, where the final dividend will be put to shareholders and related dates will be communicated.