NIFTY23,4060.33%
SENSEX74,3460.41%
BANKNIFTY54,1860.88%
NIFTY IT29,3845.57%
PHARMA24,0870.33%
AUTO26,0930.05%
FMCG48,1241.01%
METAL13,5350.17%
REALTY762.601.39%
ENERGY40,1970.02%
NIFTY23,4060.33%
SENSEX74,3460.41%
BANKNIFTY54,1860.88%
NIFTY IT29,3845.57%
PHARMA24,0870.33%
AUTO26,0930.05%
FMCG48,1241.01%
METAL13,5350.17%
REALTY762.601.39%
ENERGY40,1970.02%

ICICI Securities Forecasts Strong Q2 Earnings for SAIL

ICICI Securities has released its second quarter (January-March 26) earnings estimates for the Metal and Mining sector. According to the brokerage house, SAIL is expected to report a significant year-on-year increase in its financial performance.

In terms of net sales, ICICI Securities predicts a growth of 18.8 percent year-on-year (up 6.9 percent quarter-on-quarter) to Rs. 418.1 crore. This increase in revenue is expected to contribute to the company's overall financial performance.

The brokerage house also forecasts a rise in earnings before interest, tax, depreciation, and amortisation (EBITDA) of 22.7 percent year-on-year (up 4.2 percent quarter-on-quarter) to Rs. 125.4 crore. These estimates suggest a strong earnings performance for SAIL in the second quarter.

Read also: Treasury Yields Experience Largest Increase in Two Weeks Following Release of Labor Market Data

MetricQ2 2026 (Estimated)Q2 2025 (Actual)% Change (Y-o-Y)% Change (Q-o-Q)
Net ProfitRs. 80.8 croreRs. 67.7 crore19.5%2.3%
Net SalesRs. 418.1 croreRs. 351.4 crore18.8%6.9%
EBITDARs. 125.4 croreRs. 102.4 crore22.7%4.2%

Investor Takeaway

Investors can expect a 19.5% YoY increase in SAIL's Q4 profit to Rs. 80.8 crore, according to ICICI Securities' estimates.

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