Steel Authority of India Limited (SAIL), India’s largest public sector steel producer, has reported its highest-ever sales for the April–February period of FY 2025–26, reflecting strong market demand and improved operational performance.
According to the Ministry of Steel, SAIL’s total steel sales during the first 11 months of the financial year reached 18.24 million tonnes (MT), marking a 14% year-on-year growth.
Record Cash Collection of ₹1.11 Lakh Crore
During the same period, the company also achieved its highest-ever cash collection of ₹1.11 lakh crore, registering a 10% increase compared to the previous year.
Officials said the improved performance reflects strong customer demand and enhanced operational efficiency across the company’s distribution network.
Strong Performance Across Sales Channels
The Ministry of Steel noted that growth was recorded across several sales channels, including:
- Retail sales
- Stockyard sales
- Door delivery services
These improvements indicate stronger customer engagement and better distribution efficiency.
February Sales and Inventory Reduction
In February 2026, SAIL recorded total sales of 1.58 million tonnes.
The company also reduced its inventory by 1.05 lakh tonnes compared to January 2026, while cutting its borrowings by ₹1,000 crore, highlighting efforts to improve financial discipline and working capital management.
Production of Chequered Plates Resumes
To meet growing market demand, SAIL has reintroduced the production of chequered plates, a specialised steel product widely used in infrastructure and industrial applications.
For the first time, these plates are being produced at the Bokaro Steel Plant in Jharkhand.
Company Focused on Financial Discipline
Commenting on the company’s performance, A. K. Panda, Director (Finance) with additional charge of Director (Commercial), said SAIL is focused on adapting to changing market demands while maintaining financial discipline.
He added that efficient inventory management and optimisation of working capital have strengthened the company’s financial position, while record sales and cash collections demonstrate growing customer confidence in SAIL’s products and services.
