On February 12, 2025, SAIL share price continued its falling streak for the 3rd straight trading session, reaching a day low of ₹99.55 at 10:15 AM, after opening at ₹100.15. The fall in SAIL share price has cumulatively fallen over ~10% in the past three trading sessions.
On February 11, 2025, SAIL approved a capital expenditure (capex) of ₹5,700 crore for the financial year 2024-25 and ₹7,500 crore for 2025-26. This includes payments for completed projects, progress payments for ongoing initiatives, capital repairs/spares, and SAIL’s share in the capital expenditure of Joint Ventures.
SAIL reported a consolidated net profit of ₹141.89 crore for Q3FY25, reflecting a sharp 66% decline from ₹422.92 crore in the same quarter of the previous year. This drop was mainly due to higher costs and pricing pressures. Compared to the previous quarter, profit after tax (PAT) plummeted by 84%, from ₹897 crore in Q2FY25.
Despite the decline in profits, revenue from operations grew by 5% year-on-year, reaching ₹24,490 crore, up from ₹23,349 crore. However, revenue saw a slight decrease of 0.75% on a quarter-on-quarter basis, down from ₹24,675 crore in Q2FY25.
The steel industry operates in a deregulated environment, with the government playing a facilitating role by creating favorable policies. Industry decisions regarding the establishment of steel plants are based on techno-commercial factors such as raw material availability, logistics, and market access.
The steel industry has filed petitions to request investigations into the import of flat steel products, CRNO, and hot-rolled coils with the designated authority.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Feb 12, 2025, 10:29 AM IST
Sachin Gupta
Sachin Gupta is a Content Writer with 6+ years of experience in the stock market, including global markets like the US, Canada, and Australia. At Angel One, Sachin specialises in creating financial content that simplifies complex market trends. Sachin holds a Master's in Commerce, specialising in Economics.
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