New Delhi, May 30 -- After two lacklustre quarters, Steel Authority of India Ltd (SAIL) reported a rebound in performance in the March quarter (Q4FY25), driven by lower raw material costs and improved sales volumes-even as selling prices remained under pressure.

SAIL's earnings before interest, tax, depreciation and amortization (Ebitda) stood at Rs.3,500 crore in Q4FY25, slightly higher on a year-on-year basis. This marks a turnaround after a 5% decline in Q3 and a steep 40% drop in Q2.

The blended realization for the quarter fell 10% from a year earlier to Rs.55,000 per tonne. However, the company managed to offset this decline with a 9% rise in sales volumes (excluding volumes sold on behalf of NMDC Steel) and a drop in coking coal p...