Steel Authority of India Limited (SAIL), the country’s largest public sector steel producer, has reported its highest-ever sales for the April-February period of FY 2025-26, reflecting strong demand and improved operational performance.
The Ministry of Steel said SAIL’s total steel sales during the first 11 months of the financial year reached 18.24 million tonnes (MT), registering a 14 per cent year-on-year growth. During the same period, SAIL also achieved its highest-ever cash collection of ₹1.11 lakh crore, marking a 10 per cent increase compared with the previous year.
The Ministry said improvements were recorded across multiple sales channels, including retail sales, stockyard sales and door deliveries, indicating stronger customer engagement and distribution efficiency.
In February 2026, SAIL recorded total sales of 1.58 MT. The company also reduced its inventory by 1.05 lakh tonnes compared with January 2026 and lowered its borrowings by ₹1,000 crore, reflecting efforts to improve financial discipline and manage working capital more efficiently.
In response to market demand, SAIL has also 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 company’s Bokaro Steel Plant in Jharkhand.
Commenting on the performance, A. K. Panda, Director (Finance) with additional charge of Director (Commercial), said the company remains focused on adapting to market needs while maintaining financial discipline.
He noted that better inventory management and working capital optimisation have strengthened the company’s financial position, while record sales and cash collections reflect the confidence of customers in SAIL’s products and services.
