Public sector steel major Steel Authority of India Limited has recorded its highest-ever steel sales during the April–February period of the financial year 2025–26, according to the Ministry of Steel.
During this period, the company sold 18.24 million tonnes of steel, registering an increase of nearly 14 percent compared to the same period last year.
Cash Collection Crosses ₹1.11 Lakh Crore
Along with record sales, the company also achieved its highest-ever cash collection during the April–February period.
SAIL recorded cash collections of ₹1.11 lakh crore, which is around 10 percent higher than the previous year, reflecting strong demand and improved financial performance.
Strong Sales Performance in February
According to the Ministry of Steel, SAIL continued its strong momentum in February 2026, when the company reported steel sales of 1.58 million tonnes.
The company also worked towards improving operational efficiency by reducing inventory and debt levels.
In February alone, SAIL reduced its inventory by 1.05 lakh tonnes compared to January 2026 and also lowered its debt by ₹1,000 crore.
Focus on Retail Customers
The ministry noted that the company has seen significant growth in retail sales.
Both stockyard sales and direct supplies to customers have improved, indicating stronger engagement with end users and distributors.
Production of Checker Plate Resumed
To meet rising market demand, SAIL has resumed the production of checker plates, a specialised steel product widely used in infrastructure and industrial applications.
The product is being manufactured for the first time at the Bokaro Steel Plant in Jharkhand.
Focus on Financial Discipline
A. K. Panda, who currently holds additional charge as Director (Commercial) at SAIL, said the company is focusing on meeting market demand while maintaining financial discipline.
He said that better inventory management and efficient use of working capital have helped strengthen the company’s financial position.
The record sales performance, he added, also reflects strong customer confidence in the company’s products.
SAIL Shares Rise on Strong Performance
Following the announcement of the strong performance, shares of SAIL saw gains in the market.
On the Bombay Stock Exchange, the company’s stock rose by more than 3 percent to nearly ₹155 per share.
