Author: Rahul Shrivas
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India: SAIL crude steel output falls 6% q-o-q, sales decline 22% in Q1FY27; profitability improves
Profitability improves despite lower q-o-q production and sales Finance cost declines further; EBITDA margin strengthens to 16.7% Steel Authority of India Ltd. (SAIL) reported a sharp year-on-year improvement in profitability during Q1FY27 despite a sequential decline in production and sales volumes amid the seasonal slowdown. The company’s EBITDA remained above INR 4,300 crore, supported by…