Steel Authority of India

April 5, 2026 3:29 PM

SAIL supplies indigenous steel for INS Taragiri, boosting defence self-reliance

Steel Authority of India Limited (SAIL) has played a key role in strengthening India’s indigenous defence capabilities by supplying specialised steel for the newly inducted warship INS Taragiri. The stealth frigate, the fourth vessel under the Nilgiri-class (Project 17A), was commissioned into the Indian Navy on April 3. The warship has been constructed by Mazagon Dock Shipbuilders Limited using approximately 4,000 tonnes of special grade steel plates supplied entirely by SAIL. The steel was...

July 4, 2025 1:35 PM

SAIL opens representative office in Dubai to strengthen global presence

In a move to strengthen its international presence, Steel Authority of India Limited (SAIL), one of India’s largest steel producers, inaugurated its Representative Office in Dubai on Wednesday. The office was officially inaugurated by Union Minister of Steel and Heavy Industries H.D. Kumaraswamy in the presence of Consul General of India to Dubai Satish Kumar Sivan, SAIL Chairman Amarendu Prakash, NMDC CMD Amitava Mukherjee, Joint Secretary of Steel Ministry V.K. Tripathi, and other senior of...

May 29, 2025 4:49 PM

SAIL records 16% rise in Q4 net profit, declares Rs 1.60 dividend

Government-owned steel behemoth SAIL has recorded a standalone net profit of Rs 1,178 crore for the January-March quarter of 2024-25, which represents a 16 per cent increase over the corresponding figure of Rs 1,011 crore for the same quarter of the previous year. The company has proposed a final dividend of Rs 1.60 per share (face value Rs 10 per share) subject to the approval of shareholders at the ensuing annual general meeting (AGM). SAIL’s revenue from operations increased to Rs 29,316 ...