ICICI Securities Forecasts 21.2% YoY Increase in SAIL's Q4 PAT to Rs. 1,454.6 Crore
ICICI Securities Forecasts Strong Earnings for SAIL in Q4
ICICI Securities has released its fourth quarter (January-March 2026) earnings estimates for the Metal & Mining sector, with a positive outlook for Steel Authority of India Limited (SAIL). According to the brokerage house, SAIL is expected to report a net profit of Rs. 1,454.6 crore, representing a year-over-year increase of 21.2 percent.
In terms of revenue, ICICI Securities predicts a significant jump in net sales for SAIL, with a year-over-year increase of 13.8 percent to Rs. 31,156.6 crore. On a quarterly basis, net sales are expected to rise by 6.3 percent.
The brokerage house also forecasts a notable improvement in earnings before interest, tax, depreciation, and amortisation (EBITDA) for SAIL. EBITDA is predicted to rise by 62.5 percent year-over-year to Rs. 3,735.6 crore, with a quarterly increase of 7.3 percent.
Read also: Treasury Yields Experience Largest Increase in Two Weeks Following Release of Labor Market Data
Investor Takeaway
Investors can expect a 21.2% YoY increase in SAIL's Q4 PAT to Rs. 1,454.6 Crore, according to ICICI Securities' forecasts.
More in Economy
Treasury Yields Experience Largest Increase in Two Weeks Following Release of Labor Market Data
US-Iran Tensions Spark Uptick in Oil Prices Amid Global Market Decline
MoSPI Releases Uniform Norms for DDP Estimates with 2022-23 Base Year
