SAIL Q2 Results: Net profit soars 318% on cost optimisation and higher sales; misses estimates
SAIL reported a 318.1% year-on-year increase in net profit to ₹1,750.5 crore in Q2 FY27, while revenue grew 19.8% to ₹31,998 crore. Revenue exceeded the CNBC-TV18 poll estimate, but net profit, EBITDA and EBITDA margin missed expectations.
SAIL reported a 318.1% year-on-year increase in net profit to ₹1,750.5 crore in Q2 FY27, while revenue grew 19.8% to ₹31,998 crore. Revenue exceeded the CNBC-TV18 poll estimate, but net profit, EBITDA and EBITDA margin missed expectations.
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