The Steel Authority of India Limited (SAIL) is making headlines this week for two major reasons that are cheering up both investors and job seekers in India. On one hand, the public sector giant reported a massive 60% rise in its net profit for the third quarter (Q3) of FY26. On the other hand, it has officially released the exam schedule and admit cards for its highly anticipated Management Trainee (MT) recruitment drive.
Whether you are tracking SAIL shares or preparing for a government job, here is a complete breakdown of the latest updates from India’s largest steel producer.
Financial Boom: SAIL’s Q3 FY26 Results Explained
SAIL has delivered a strong financial performance for the quarter ending December 2025. Despite challenges in the global market, the company managed to increase its profits significantly.
- Profit Surge: The company’s standalone Net Profit jumped by 60% to reach ₹1,554 crore, compared to ₹970 crore in the same period last year.
- Revenue Growth: Total revenue from operations grew by about 9%, touching nearly ₹80,000 crore for the nine-month period.
- Sales Volume: The company sold more steel than before, with sales volume growing by 16.3%.
- Debt Reduction: A key highlight for investors is that SAIL has reduced its debt by approximately ₹5,000 crore. Lower debt usually means the company is managing its money well and paying less in interest.
Why Did Profits Go Up?
According to the company, the profit boost is due to “operational efficiencies.” In simple terms, this means they produced more steel at a better cost and sold it effectively. The demand for steel in India is rising due to infrastructure projects (like bridges, highways, and metro rails), which is directly helping companies like SAIL.
Read More: LNMU News
For Job Seekers: SAIL MT 2026 Exam Date & Admit Card
If you applied for the SAIL Management Trainee (Technical) post, there is an urgent update for you. SAIL has officially announced the exam date for the 124 vacant posts.
- Exam Date: The computer-based test (CBT) will be held on Sunday, February 23, 2026.
- Admit Card Released: The hall tickets (admit cards) were released on February 6, 2026.
- How to Download: Candidates must visit the official career page (sailcareers.com) and login with their credentials to download the call letter.
This recruitment drive is for engineering graduates in streams like Mechanical, Electrical, Civil, and Chemical engineering. The selection process involves this online exam followed by a personal interview.
Share Price & Investor Outlook
Following the strong Q3 results, SAIL’s share price has seen positive movement. The stock is currently trading in the range of ₹158 – ₹161, showing a steady uptrend.
- Stock Performance: The share price has gone up by nearly 48% in the last one year.
- Dividend Yield: SAIL is known for paying regular dividends to its shareholders. The current dividend yield is around 1.4%.
- Future Growth: The management has announced a massive ₹36,000 crore expansion plan for its IISCO steel plant in Burnpur. This expansion is expected to be completed in three years and will further increase SAIL’s production capacity.
Why This Matters for India
SAIL is a “Maharatna” PSU, meaning it is one of the most important government-owned companies in India. When SAIL performs well, it indicates that India’s infrastructure and manufacturing sectors are healthy.
- Infrastructure Push: The government’s focus on building roads and railways requires huge amounts of steel. SAIL’s growth proves that this demand is real.
- Employment: The recruitment of 124 Management Trainees ensures that young engineers get opportunities to work in core sectors, reducing unemployment.
FAQ Section
Q1: When is the SAIL Management Trainee (MT) exam 2026?
The exam is scheduled for February 23, 2026.
Q2: How much profit did SAIL make in Q3 FY26?
SAIL reported a standalone net profit of ₹1,554 crore, which is a 60% increase from the previous year.
Q3: Has SAIL released the admit card for the 2026 exam?
Yes, the admit cards were released on February 6, 2026, and can be downloaded from the SAIL careers website.
Q4: What is the full form of SAIL?
SAIL stands for Steel Authority of India Limited.
Q5: Is SAIL a government company?
Yes, SAIL is a Public Sector Undertaking (PSU) owned by the Government of India. It has the status of a “Maharatna” company.