The improved profit is driven by higher volumes, operating leverage and prudent financial management, company chairman and managing director, Amarendu Prakash said.
“Despite volatility on the input cost front and competitive pricing environment, we sustained operating profitability,” he added.
Total income for the quarter stood at Rs 27,545.93 crore, up from Rs 24,723.43 crore a year ago.
For the nine months ending December 2025, SAIL reported Rs 1,537.33 crore consolidated net profit, up from Rs 1,120.82 crore in the same period of fiscal 2024-25.
ESAF SFB logs Rs 7 crore profit in Q3
ESAF Small Finance Bank reported a Rs 7 crore net profit in the third quarter of the fiscal, reversing the streak of making losses for the five straight quarters.This was possible due to making lower provisions for the quarter at Rs 243 crore as compared with Rs 410 crore in the year ago period.
The bank’s operating profit doubled year-on-year at Rs 253 crore as compared with Rs 127 crore. The bank’s total income stood 10% higher at Rs 1163 crore.
Its gross non-performing assets declined to 5.64% at the end of December from 8.54% three months prior, helped by sale of bad loans to asset reconstruction companies. The bank sold Rs 183 crore of bad loans in the third quarter and Rs 86 crore in the first six months of the fiscal.
ESAF’s capital adequacy ratio stood at 22.7% at the end of December last year.