Integrated Filing — IndAS



General information about company
Scrip Code 500113
NSE Symbol SAIL
MSEI Symbol NOTLISTED
ISIN INE114A01011
Name of company STEEL AUTHORITY OF INDIA LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Apr-2024
Date of end of financial year 31-Mar-2025
Date of board meeting when results were approved 28-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 22-May-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Geographical
Description of single segment
Start date and time of board meeting 28-May-2025   14:30:00
End date and time of board meeting 28-May-2025   17:45:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Statement on impact of audit qualification



Financial Results Ind-AS
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations 293161400000 1024790600000
Other income 2975400000 8750300000
Total income 296136800000 1033540900000
2 Expenses
(a) Cost of materials consumed 112733700000 490514600000
(b) Purchases of stock-in-trade 15972900000 18569800000
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 17898200000 887500000
(d) Employee benefit expense 32908000000 116749500000
(e) Finance costs 6644400000 27931700000
(f) Depreciation, depletion and amortisation expense 15238400000 56506800000
(f) Other Expenses
1 OTHER EXPENSES 78810000000 291607100000
Total other expenses 78810000000 291607100000
Total expenses 280205600000 1002767000000
3 Total profit before exceptional items and tax 15931200000 30773900000
4 Exceptional items -294100000 -3126400000
5 Total profit before tax 15637100000 27647500000
6 Tax expense
7 Current tax 3549900000 8213200000
8 Deferred tax 512400000 584100000
9 Total tax expenses 4062300000 8797300000
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0 0
11 Net Profit Loss for the period from continuing operations 11574800000 18850200000
12 Profit (loss) from discontinued operations before tax 0 0
13 Tax expense of discontinued operations 0 0
14 Net profit (loss) from discontinued operation after tax 0 0
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 935000000 4867800000
16 Total profit (loss) for period 12509800000 23718000000
17 Other comprehensive income net of taxes -1497900000 -1866400000
18 Total Comprehensive Income for the period 11011900000 21851600000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 12510000000 23718200000
Total profit or loss, attributable to non-controlling interests -200000 -200000
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 11012100000 21851800000
Total comprehensive income for the period attributable to owners of parent non-controlling interests -200000 -200000
21 Details of equity share capital
Paid-up equity share capital 41305300000 41305300000
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve 547750700000
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 3.03 5.74
Diluted earnings (loss) per share from continuing operations 3.03 5.74
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 3.03 5.74
Diluted earnings (loss) per share from continuing and discontinued operations 3.03 5.74
24 Debt equity ratio 0 0
25 Debt service coverage ratio 0 0
26 Interest service coverage ratio 0 0
27 Disclosure of notes on financial results



Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities
Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2024
Date of end of reporting period 31-Mar-2025
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 650613700000
Capital work-in-progress 72062100000
Investment property 9600000
Goodwill 0
Other intangible assets 82643100000
Intangible assets under development 0
Biological assets other than bearer plants 0
Investments accounted for using equity method 46032500000
Non-current financial assets
Non-current investments 3723300000
Trade receivables, non-current
Loans, non-current 9509300000
Other non-current financial assets 6231300000
Total non-current financial assets 19463900000
Deferred tax assets (net) 4521400000
Other non-current assets 69478300000
Total non-current assets 944824600000
2 Current assets
Inventories 291514500000
Current financial asset
Current investments 0
Trade receivables, current 76099400000
Cash and cash equivalents 2915800000
Bank balance other than cash and cash equivalents 6753000000
Loans, current 226000000
Other current financial assets 12217600000
Total current financial assets 98211800000
Current tax assets (net) 0
Other current assets 29119500000
Total current assets 418845800000
3 Non-current assets classified as held for sale 39000000
4 Regulatory deferral account debit balances and related deferred tax Assets 0
Total assets 1363709400000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 41305300000
Other equity 547750800000
Total equity attributable to owners of parent 589056100000
Non controlling interest -100000
Total equity 589056000000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 166543700000
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 59300000
Total Trade payable 59300000
Other non-current financial liabilities 14725700000
Total non-current financial liabilities 181328700000
Provisions, non-current 61064300000
Deferred tax liabilities (net) 65428200000
Deferred government grants, Non-current 0
Other non-current liabilities 4931300000
Total non-current liabilities 312752500000
Current liabilities
Current financial liabilities
Borrowings, current 202795700000
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 6376500000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 98663400000
Total Trade payable 105039900000
Other current financial liabilities 96711500000
Total current financial liabilities 404547100000
Other current liabilities 41963500000
Provisions, current 13910500000
Current tax liabilities (Net) 1479800000
Deferred government grants, Current 0
Total current liabilities 461900900000
3 Liabilities directly associated with assets in disposal group classified as held for sale 0
4 Regulatory deferral account credit balances and related deferred tax liability 0
Total liabilities 774653400000
Total equity and liabilites 1363709400000
Disclosure of notes on assets and liabilities



Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Jan-2025 01-Apr-2024
Date of end of reporting period 31-Mar-2025 31-Mar-2025
Whether accounts are audited or unaudited Audited Audited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Bhilai Steel Plant 90953600000 334328300000
2 Durgapur Steel Plant 30807400000 122061300000
3 Rourkela Steel Plant 62021600000 240910900000
4 Bokaro Steel Plant 63568900000 226460900000
5 IISCO Steel Plant 36650100000 125914900000
6 Alloy Steel Plant 3236700000 12532000000
7 Salem Steel Plant 4634800000 19559100000
8 Visvesaraya Iron & Steel Plant 480600000 2002700000
9 Others 20654700000 32771400000
Total Segment Revenue 313008400000 1116541500000
Less: Inter segment revenue 19847000000 19847000000
Revenue from operations 293161400000 1024790600000
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Bhilai Steel Plant 12440500000 40906500000
2 Durgapur Steel Plant 1450500000 5362700000
3 Rourkela Steel Plant 3686000000 8285200000
4 Bokaro Steel Plant 2147800000 1255200000
5 IISCO Steel Plant 4234000000 6963300000
6 Alloy Steel Plant 10900000 -164100000
7 Salem Steel Plant -869200000 -3060600000
8 Visvesaraya Iron & Steel Plant -65200000 -379500000
9 Others 475300000 4404700000
Total Profit before tax 23510600000 63573400000
i. Finance cost 6644400000 6644400000
ii. Other Unallocable Expenditure net off Unallocable income 294100000 294100000
Profit before tax 16572100000 32515300000
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Bhilai Steel Plant 324353800000 324353800000
2 Durgapur Steel Plant 93437100000 93437100000
3 Rourkela Steel Plant 278415400000 278415400000
4 Bokaro Steel Plant 264358100000 264358100000
5 IISCO Steel Plant 156154300000 156154300000
6 Alloy Steel Plant 7491500000 7491500000
7 Salem Steel Plant 26660200000 26660200000
8 Visvesaraya Iron & Steel Plant 2396400000 2396400000
9 Others 188620100000 188620100000
Total Segment Asset 1341886900000 1341886900000
Un-allocable Assets 21822500000 21822500000
Net Segment Asset 1363709400000 1363709400000
4 Segment Liabilities
Segment Liabilities
1 Bhilai Steel Plant 72210000000 72210000000
2 Durgapur Steel Plant 37676400000 37676400000
3 Rourkela Steel Plant 89588200000 89588200000
4 Bokaro Steel Plant 72544300000 72544300000
5 IISCO Steel Plant 15768600000 15768600000
6 Alloy Steel Plant 3698500000 3698500000
7 Salem Steel Plant 5461000000 5461000000
8 Visvesaraya Iron & Steel Plant 1291000000 1291000000
9 Others 112857800000 112857800000
Total Segment Liabilities 411095800000 411095800000
Un-allocable Liabilities 363557600000 363557600000
Net Segment Liabilities 774653400000 774653400000
Disclosure of notes on segments



Other Comprehensive Income
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Amnount of Items that will not be reclassified to profit and loss -1981900000 -3261100000
Total Amount of items that will not be reclassified to profit and loss -1981900000 -3261100000
2 Income tax relating to items that will not be reclassified to profit or loss -539600000 -846300000
3 Amount of items that will be reclassified to profit and loss
1 Amnount of Items that will be reclassified to profit and loss -55600000 548400000
Total Amount of items that will be reclassified to profit and loss -55600000 548400000
4 Income tax relating to items that will be reclassified to profit or loss 0 0
5 Total Other comprehensive income -1497900000 -1866400000



Cash flow statement, indirect
Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2024
B Date of end of reporting period 31-Mar-2025
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Consolidated
Part I Blue color marked fields are non-mandatory.
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 27647500000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 27931700000
Adjustments for decrease (increase) in inventories 34876400000
Adjustments for decrease (increase) in trade receivables, current 0
Adjustments for decrease (increase) in trade receivables, non-current 5947400000
Adjustments for decrease (increase) in other current assets 0
Adjustments for decrease (increase) in other non-current assets 0
Adjustments for other financial assets, non-current 4851100000
Adjustments for other financial assets, current 24470700000
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current -48285400000
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities 0
Adjustments for increase (decrease) in other non-current liabilities 0
Adjustments for depreciation and amortisation expense 56506800000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for provisions, current -2910400000
Adjustments for provisions, non-current 3690100000
Adjustments for other financial liabilities, current -29491100000
Adjustments for other financial liabilities, non-current 2571800000
Adjustments for unrealised foreign exchange losses gains 0
Adjustments for dividend income 70200000
Adjustments for interest income 3111100000
Adjustments for share-based payments 0
Adjustments for fair value losses (gains) 0
Adjustments for undistributed profits of associates 0
Other adjustments for which cash effects are investing or financing cash flow 0
Other adjustments to reconcile profit (loss) 0
Other adjustments for non-cash items 958600000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) 77936400000
Net cash flows from (used in) operations 105583900000
Dividends received 70200000
Interest paid 0
Interest received 1766300000
Income taxes paid (refund) 6440900000
Other inflows (outflows) of cash -747200000
Net cash flows from (used in) operating activities 100232300000
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0
Cash flows used in obtaining control of subsidiaries or other businesses 0
Other cash receipts from sales of equity or debt instruments of other entities 0
Other cash payments to acquire equity or debt instruments of other entities 0
Other cash receipts from sales of interests in joint ventures 0
Other cash payments to acquire interests in joint ventures 0
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0
Proceeds from sales of property, plant and equipment 8437200000
Purchase of property, plant and equipment 62211500000
Proceeds from sales of investment property 0
Purchase of investment property 0
Proceeds from sales of intangible assets 0
Purchase of intangible assets 0
Proceeds from sales of intangible assets under development 0
Purchase of intangible assets under development 0
Proceeds from sales of goodwill 0
Purchase of goodwill 0
Proceeds from biological assets other than bearer plants 0
Purchase of biological assets other than bearer plants 0
Proceeds from government grants 0
Proceeds from sales of other long-term assets 0
Purchase of other long-term assets 0
Cash advances and loans made to other parties 0
Cash receipts from repayment of advances and loans made to other parties 0
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0
Dividends received 0
Interest received 0
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) investing activities -53774300000
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0
Payments from changes in ownership interests in subsidiaries 0
Proceeds from issuing shares 0
Proceeds from issuing other equity instruments 0
Payments to acquire or redeem entity's shares 0
Payments of other equity instruments 0
Proceeds from exercise of stock options 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 12500000000
Repayments of borrowings 20398500000
Payments of lease liabilities 8223400000
Dividends paid 4130500000
Interest paid 23983600000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities -44236000000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 2222000000
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0
Net increase (decrease) in cash and cash equivalents 2222000000
Cash and cash equivalents cash flow statement at beginning of period 693800000
Cash and cash equivalents cash flow statement at end of period 2915800000





Details of Impact of Audit Qualification
Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Statement on impact of audit qualification
Auditor's opinion Qualified opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 J N Gupta & Co LLP Yes 31-Jan-2026
2 S P A R K & Associates Chartered Accountants LLP Yes 31-Mar-2026
3 Vinod Singhal & Co. LLP Yes 31-Oct-2027
4 APT&CO. LLP Yes 30-Apr-2027


Financial details
Sr. Particulars Audited Figures (as reported before adjusting for qualifications) Adjusted Figures (audited figures after adjusting for qualifications)
1 Turnover / Total income 1033540900000 1033540900000
2 Total Expenditure 1002767000000 1002767000000
3 Net Profit/(Loss) 23718000000 23718000000
4 Earnings Per Share 5.74 5.74
5 Total Assets 1363709400000 1359229100000
6 Total Liabilities 774653400000 774312500000
7 Net Worth 589056000000 584916600000


Audit qualification
Sr. Details of Audit Qualification Type of Audit Qualification Frequency of qualification For Audit Qualification(s) where the impact is quantified by the auditor For Audit Qualification(s) where the impact is not quantified by the auditor
Management's Views (i) Management's estimation on the impact of audit qualification (ii) If management is unable to estimate the impact, reasons for the same Auditors' Comments on (i) or (ii) above
1 Textual Information(1) Qualified opinion Repetitive Textual Information(2) Textual Information(3) Textual Information(4) Textual Information(5)
2 Textual Information(6) Qualified opinion Repetitive Textual Information(7) Textual Information(8) Textual Information(9) Textual Information(10)


Text Block
Textual Information(1) The Company has not provided for Entry Tax amounting to Rs.105.13 crore in the State of Jharkhand.
Textual Information(2) During the year, in the state of Chhattisgarh applications filed under settlement scheme Chhattisgarh Settlement of Arrears of Tax, Interest and Penalty Act, 2023 for settlement of Entry Tax dispute of Rs. 762.91crore pertaining to rate discrimination has been settled in full and final on payment of Rs.137.72 crore as per scheme. However, in respect of Jharkhand, pending decision by the Courts, the disputed Entry Tax liabilities of Rs.105.13 crore has been treated as contingent liability.
Textual Information(3) Not applicable
Textual Information(4) Not applicable
Textual Information(5) nil
Textual Information(6) The Company has not provided for demands of Rs.216.87 crore by DVC for supply of electricity. Whereas, audit qualification is for Rs.448.03 crore.
Textual Information(7) On the basis of Interim order of JSERC dated 10th Dec 2024, for the period FY 2006 to 2012, DVC vide its letter No Coml/Arrear/JH/2006-12/330058 dated 1 Feb 2025 and letter dated 30 April 2025 has agreed for refund of total amount of Rs.344.75 Crore after adjustment of old dues, delayed payment surcharge, excess payment if any shortfall in SD if any and carrying cost to the Company. M/s DVC has started to refund the amount of Rs.344.75 crore through making adjustment in the power bill from January 2025 onward in 24 months equal instalments. n nThe amount of Rs. 587.72 crores paid to DVC retained as advance in the books of accounts has now been adjusted for the refundable amount of Rs. 344.75 Crores. The monthly instalment of Rs. 12.82 crores received for the period Jan 2025 to Mar 2025 has been accounted as deduction to the total receivable amount. Further, Rs. 50 crore advance, and liability of Rs. 76.10 crore kept in books of accounts related to that period has also been adjusted with the total advance amount of Rs.587.72 crore. After consideration of the above amounts, the net advance with M/s DVC is Rs.216.87 crore up to March 2024, Rs. 587.72 and same has treated as contingent liability. In addition, the claims receivable from M/s DVC is Rs.306.29 crore up to March, 2024, Rs. NIL n) as on 31.03.2025 n
Textual Information(8) Not applicable
Textual Information(9) Not applicable
Textual Information(10) nil


Signatories detail
Name of CEO / Managing director Amarendu Prakash
Name of CFO Dr. Ashok Kumar Panda
Name of audit committee chairman Manjeet Kumar Razdan
Name of statutory auditor J.N.GUPTA & CO. LLP
Name of other signatory, if any, with designation
Place NEW DELHI
Date 28-May-2025