This milestone represents a notable year-on-year growth over the 2,414,785 tons recorded during the corresponding period of the previous fiscal year. The landmark performance was bolstered by record-breaking cumulative contributions across key production units since inception. Steel Melting Shop-II registered its highest-ever April-October Crude Steel production at 2,129,812 tons, while the New Plate Mill achieved a record output of 598,758 tons of plates. The Plate Mill contributed 309,645 tons of plates, exceeding both its previous best historical performance and its Annual Business Plan target. Additionally, the Silicon Steel Mill recorded its highest-ever April-October Cold Rolled Non-Oriented steel production at 48,175 tons, representing a growth of more than 23 percent compared to the corresponding period last year. Sinter Plant-I also posted its best cumulative performance since 2007 with an output of 881,889 tons.

The momentum built over the April-October period was strongly supported by a strong single-month performance in October 2026. Total saleable steel production for October reached 354,902 tons, exceeding the monthly Annual Business Plan target by nearly 4.7 percent. The month also witnessed best-ever October production records since inception across Hot Metal, total Crude Steel, Steel Melting Shop II, New Plate Mill, and Silicon Steel Mill. Hot Metal production for October reached 400,183 tons, surpassing the previous October best set in 2023, while total Crude Steel production stood at 374,540 tons. Hot Strip Mill 2 achieved significant traction during the month, producing 220,046 tons of Hot Rolled Coils and dispatching 176,790 tons in sales, exceeding monthly plan targets by 10 percent and 14 percent respectively.

During the first half of FY 2026-27, SAIL demonstrated steady operational and top-line growth. Crude steel production rose to 9.61 million tonnes (MT) compared to 9.50 MT in H1 FY’26, while sales volume stood at 9.33 MT against 9.46 MT in the corresponding prior period. Driven by strong demand realization, revenue from operations grew substantially by 10.7% year-over-year to Rs. 58,243 crore, compared to Rs. 52,625 crore recorded in H1 FY’26. Operating performance saw significant expansion as Earnings Before Interest, Tax, Depreciation, and Amortisation (EBITDA) rose by 55% to Rs. 8,917 crore from Rs. 5,754 crore in H1 FY’26. Consequently, Profit Before Exceptional Items and Tax jumped to Rs. 4,732 crore against Rs. 1,781 crore in the previous year. Accounting for exceptional items of Rs. 217 crore, Profit Before Tax (PBT) reached Rs. 4,515 crore compared to Rs. 1,443 crore in H1 FY’26. Profit After Tax (PAT) for the half-year surged over three-fold to Rs. 3,410 crore, up from Rs. 1,112 crore reported in H1 FY’26.

To look at the quarterly performance, In the second quarter of FY 2026-27, SAIL maintained strong momentum across production, top-line, and earnings compared to both the previous quarter (Q1 FY’27) and the corresponding period last year (Q2 FY’26). Crude steel production reached 4.85 MT in Q2 FY’27, up from 4.76 MT in Q1 FY’27 and 4.65 MT in Q2 FY’26. Sales volume registered robust growth, reaching 5.16 MT compared to 4.16 MT in Q1 FY’27. After factoring in exceptional items of Rs. (73) crore, PBT stood at Rs. 2,356 crore compared to Rs. 2,159 crore in Q1 FY’27 and Rs. 553 crore in Q2 FY’26. Profit After Tax (PAT) for Q2 FY’27 reached Rs. 1,774 crore, reflecting steady growth over Rs. 1,636 crore in Q1 FY’27 and a steep rise from Rs. 427 crore in Q2 FY’26.

Overall, the Sales volume grew by 5% in Q2 FY 2026-27 over the corresponding period of the last year (CPLY), driven by increased outreach to retail and consumer segments. Boosted by higher sales volumes and focused cost-optimization initiatives, Profit After Tax (PAT) surged by ~315% in Q2 FY 2026-27 compared to CPLY. Total debt fell to Rs. 20,583 crore as the company pushed forward with its ongoing strategy to reduce overall borrowings.

Speaking on the occasion, Dr. A K Panda, CMD, SAIL said, “SAIL’s performance in H1 and Q2 FY 2026–27 reflects our operational resilience, financial prudence and strategic agility amid global market volatility. Leveraging India’s strong infrastructure growth and rising domestic steel demand, we achieved an 8.2% QoQ growth in finished and saleable steel during Q2, supported by higher sales volumes and robust production, alongside a significant increase in iron ore production and sales. Our focus remains on enhancing techno-economic parameters, rationalizing costs, maintaining inventory discipline through systematic stock reduction and increasing the share of high end products to improve profitability and strengthen our balance sheet through sustained reduction in borrowings.”

For the cumulative period of April-September 2026 (H1 FY27), SAIL recorded its best-ever production in hot metal, crude steel and finished steel at 10.2 million tonnes (MT), 9.6 MT and 8.39 MT, registering 2%, 1% and 1% growth, respectively, over the same period last year. The percentage of finished steel production in total saleable steel production improved to 89.2%, up from 86.8% in April-September 2025. Focusing on high NSR products, SAIL achieved its best-ever April-September high-end steel production of around 2 MT, reflecting 30% growth over CPLY. Both iron ore production and iron ore sales also recorded their best-ever April–September performance, with iron ore production growing 13% over CPLY and iron ore sales rising sharply to 2.671 MT, a 190% increase. During the period, the dispatches to Indian Railways for Long rails and Wheels & Axles grew by 7% and 3% respectively over CPLY.

On the techno-economic front, specific energy consumption improved to 6.17 G.Cal/tcs, marking the best-ever H1 performance with a 0.5% gain. In H1 FY27, the Company achieved inventory reduction of about 0.145 MT and borrowing reduction of approximately ₹1,080 crore during the period.

In September 2026, concerted marketing focus and efficiency enhancements yielded strong results, with SAIL achieving its best-ever September saleable steel sales of 1.69 MT, a 4% growth over CPLY. The Company’s exclusive retail branded product, SAIL SeQR TMT bars, recorded its highest sales of more than 1.5 lakh tonnes, while Tier-II retail sales grew 3% y-o-y. The month also recorded best ever September sales for specific products like – Structurals, Plate Mill plates and GP sheets/coils.

The percentage of finished steel production in total saleable steel production improved to 92%, compared to 89% in September 2025. The fuel rate improved to 551 kg/thm, the best-ever September performance with a 1% improvement. Similar to the cumulative April–September trend, both iron ore production and iron ore sales registered their best-ever September performance. Iron ore production was up 8% compared to September 2025, while iron ore sales surged to 0.492 MT, marking a record September with 134% growth over September 2025. The Company also achieved inventory reduction of about 0.192 MT and borrowing reduction of approximately ₹208 crore during the month.

SAIL’s September and H1 FY26–27 results underscore its commitment to efficiency, innovation, and financial prudence, positioning the Company strongly for the remainder of the fiscal year. Commenting on the performance, Dr. A.K. Panda, Chairman and Managing Director, SAIL, said, “These record achievements in the first half of FY26–27 & September reflect the collective commitment of our workforce towards efficiency, innovation, and sustainable growth. SAIL’s broad‑based production strength and a sharper focus on high-end steel, SAIL is well positioned to contribute even more strongly to India’s industrial progress in the months ahead.”

The proposed project is expected to tap around 79 million tonnes of potential extractable reserves in Phase 1, according to BCCL’s regulatory filing. The adjoining blocks will be developed through an integrated mining arrangement, with operations initially planned in the Kalyaneshwari block, while overburden generated during mining will be dumped in the Ramnagore block. The partnership is aimed at supporting domestic availability of coking coal and strengthening the raw-material base for India’s steel sector.

BCCL described the partnership as part of efforts to strengthen domestic sources of coking coal and support raw-material availability for the sector.

Speaking on the occasion Mr. Sarkar encouraged the spouses to support and empathize with the retiring employees, helping them navigate the changes of post-retirement life for a smooth and positive transition.

A session on “Mindset for smooth Transition to a new phase of life after Retirement” was conducted by Mr. B Nahak, AGM (CP-2) while Mr. Pappu Kumar, AGM (F&A) deliberated on various aspects of Financial Security Planning.  Mr. T B Toppo, DGM (Horticulture) shared tips on Post Retirement Engagement while Dr. S Kumar, Additional CMO (OHSC) spoke about ‘Ensuring good health, well-being and holistic approach for a meaningful Life.’

Mr. S P Majhi, Assistant Manager (HR) welcomed the gathering and also proposed a formal vote of thanks. The workshop was co-ordinated by Mr. S C Nayak, Deputy Manager (HR) under the guidance of Mr. Avinash, AGM (HR) with the support of and HR- ER&C team.  It is noteworthy that the workshop is being held at regular intervals covering the spouses of the -to-be-retired employees.

The selection followed interviews with 10 candidates, including senior officials from SAIL and other public-sector organisations. The shortlisted candidates included Executive Directors and Chief General Managers from SAIL, as well as senior finance officials from Indian Railway Finance Corporation and Gujarat State Electricity Corporation Limited.

In August 2026, SAIL achieved double digit year on year growth in overall sales volumes, with notable traction across Tier 1 and Tier 2 retail channels. Total sales stood at 1.871 million tonnes, registering a 13% y‑o‑y increase over the CPLY figure of 1.654 million tonnes. Cash collections also grew strongly by 23% y‑o‑y.

The Company recorded its highest ever August sales in several value added product categories like cold rolled, galvanized and alloy steels. The month additionally saw a meaningful reduction in inventory, indicating efficient supply chain coordination and faster market servicing. During August 2026, the rail supplies to Indian railways grew by 5% y-o-y to 1.23 Lakh Tonnes over 1.18 Lakh Tonnes in CPLY. In the Long Rails category, the company achieved highest ever supplies by supplying 1.12 Lakh Tonnes, with growth of 11% y-o-y. During this period, SAIL further strengthened its financial position, reducing borrowings by ₹870 crore from the 31.03.2026 level.

The momentum continued through the April – August 2026 period. SAIL’s cumulative sales reached 7.71 million tonnes scoring a growth of 5.6% over CPLY, despite global volatility. Finished and processed steel segments maintained healthy movement, supported by an improved product mix, stronger regional outreach and firm domestic demand. Cash collections for the five month period also grew, reflecting disciplined commercial practices and timely customer realisations.

Commenting on the performance, Dr. A.K. Panda, Chairman & Managing Director, SAIL, said: “SAIL’s performance in August and the April-August’26 period reflects the organization’s growing alignment between operational capability, commercial delivery and financial prudence. The record production levels, strong sales momentum and disciplined financial management together underscore the Company’s strengthening fundamentals. With expansion projects progress and demand outlook remaining positive, SAIL is well positioned to accelerate its growth trajectory while contributing meaningfully to India’s steel consumption story.”