SAIL Reports In-Line Revenue of INR320b in 2QFY27
SAIL reported revenue of INR320b, up 20% year over year and 21% quarter over quarter, while EBITDA was INR42b, up 67% year over year and down quarter over quarter. Motilal Oswal rated the stock Buy with a target of Rs 190.
Motilal Oswal's research report on SAILSAIL reported an in-line revenue of INR320b (+20% YoY/+21% QoQ), led by strong volume growth and healthy NSR in 2QFY27. EBITDA stood at INR42b (+67% YoY and -6% QoQ) and was in-line with our estimate. This translates into an EBITDA/t of INR8,170/t (vs. our est…