SAIL Records Best-Ever Sales of 18.24 MT in April–February FY26

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New Delhi: Steel Authority of India Limited (SAIL) has reported its highest-ever sales for the April–February period of FY 2025–26, underscoring strong market demand and improved operational performance.

The Maharatna steel major sold 18.24 million tonnes (MT) of steel during the 11-month period, marking a 14% increase compared to the same period last year. The company also registered its highest-ever cash collection of ₹1.11 lakh crore, reflecting a 10% year-on-year rise.

SAIL attributed the growth to improved retail sales, stockyard sales and door deliveries, highlighting its focus on strengthening customer engagement and market reach.

February Performance Highlights

In February 2026, the company recorded total sales of 1.58 MT, while inventory levels dropped by 1.05 lakh tonnes compared to January, indicating efficient stock management. SAIL also reduced its debt by ₹1,000 crore during the month.

To meet rising demand from key sectors, SAIL has also resumed production of chequered plates, with manufacturing beginning for the first time at the Bokaro Steel Plant.

Commenting on the performance, Director (Finance) and acting Director (Commercial) A. K. Panda said the company remains ready to adapt to market dynamics while maintaining financial discipline.

“Our record sales and cash collections reflect the trust customers have placed in us. Efficient inventory and working capital management are strengthening the company’s financial foundation,” he said.

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