NEW DELHI. Steel Authority of India Limited (SAIL) has reported its highest-ever sales for the April-February period, reaching 18.24 million tonnes—a 14% year-on-year increase. Accompanying this growth, the company achieved record cash collections of ₹1.11 lakh crore.
The Ministry of Steel highlighted improved distribution efficiency through retail and door-delivery channels. Notably, in February 2026, SAIL reduced borrowings by ₹1,000 crore and lowered inventory levels, demonstrating strong financial discipline. To meet industrial demand, the Bokaro Steel Plant has also commenced production of specialized chequered plates. Director (Finance) A.K. Panda attributed this success to market-driven strategies and optimized working capital, reflecting robust customer confidence and operational excellence in India’s steel sector.
