SAIL Q1 FY27 PAT Rises 139% to ₹1,636 Crore

World Economic Scenario:

IMF World Economic Outlook (July 2026) increased growth projections for 2026 over April 2026 projections
Global economy estimates for 2027 are marginally better than 2026 projections due to significant improvement in Emerging & Developing Economies
Projections for Advanced Economies are lower for 2027
Middle East scenario is the major factor impacting 2026 projections

World Steel Scenario:

Steel production has been declining annually except for marginal increase in 2023
First 5 months of current year (Jan-May CY'26) saw production falling by 1.5% compared to Corresponding Period Last Year (CPLY)
China registered degrowth of 3.8% while Rest of the World (RoW) showed marginal production increase
China dominates global production with ~53.7% share during Jan-May CY'26
Other major producers with positive growth: Vietnam (26.8%), Germany (8.8%), India (7.7%), Turkey (6.8%), USA (6.8%), South Korea (2.7%)
Countries with negative growth: Russia (-10.0%), Brazil (-1.9%), Japan (-0.7%)

Indian Economic Scenario:

GDP growth: FY21 (-5.8% due to COVID-19), Second Advance Estimates FY25 (6.5%), First Advance Estimates FY26 (7.4%)
Future projections range between 6.4%-7.2%, keeping India among fastest growing major economies
Agency projections:
IMF (Jul'26): 6.4% (CY26) & 6.7% (CY27) - CY26 marginally reduced, CY27 improved
World Bank (Jun'26): 7.2% (FY27) & 7.0% (FY28) - FY27 improved to 7.2%, FY28 marginally lower at 7.0%
RBI (Jun'26): 6.6% (FY27) with quarterly projections: Q1 (6.6%), Q2 (6.3%), Q3 (6.5%), Q4 (6.8%)
IIP showed improvement in five of six categories during first two months of FY2026-27 compared to FY2024-25
Growth driven by Infrastructure Goods and Capital Goods
Consumer Non-durables and Primary Goods showed marginal growth only

Indian Steel Scenario:

Production Performance:

Presentation includes production performance data for FY'27 and FY'25 (specific figures not provided in text)
Techno-economic parameters covered:
CDI Rate: kg/thm (Coal Dust Injection rate)
Specific Energy Consumption: GCal/tcs (Giga Calories per tonne of Crude Steel)
BF Productivity: T/m3/Day (Blast Furnace Productivity)
Parameters showed 0.9% improvement

| Metric | Q1 FY26 | Q4 FY26 | Q1 FY27 |

| Sales Turnover | 25,731 | 30,541 | 26,010 |

| Total Income | 26,082 | 31,169 | 26,449 |

| EBITDA | 2,925 | 4,762 | 4,356 |

| Depreciation | 1,441 | 1,576 | 1,560 |

| Finance Cost | 595 | 532 | 493 |

| PBT Before Exceptional Items | 890 | 2,653 | 2,303 |

| Exceptional Items | 0 | -330 | -144 |

| PBT After Exceptional Items | 890 | 2,324 | 2,159 |

| Tax | 204 | 644 | 523 |

| Profit After Tax | 685 | 1,680 | 1,636 |

Additional Financial Metrics:

Q1 FY27 PAT increased to ₹1,636 crore from ₹685 crore in Q1 FY26 (139% growth)
Q1 FY27 EBITDA at ₹4,356 crore compared to ₹2,925 crore in Q1 FY26
Sales turnover decreased to ₹26,010 crore in Q1 FY27 from ₹30,541 crore in Q4 FY26
Finance cost reduced to ₹493 crore in Q1 FY27 from ₹595 crore in Q1 FY26
Exceptional items of -₹144 crore in Q1 FY27 compared to -₹330 crore in Q4 FY26

Statements/Data not relating to SAIL are from sources considered reliable but company cannot be held responsible for authenticity
Projections, estimates, and expectations are "forward looking statements" within meaning of applicable securities laws
Actual results may differ materially due to economic conditions affecting demand/supply and prices in domestic/global markets
Other factors include changes in Government regulations, tax laws, and other statutes