New Delhi, March 11 -- The Steel Authority of India Limited (SAIL) has clocked its historical sales in the Financial Year 2026 during the April to February period, recording a total sales of 18.24 million tonnes (MT), registering a 14% year-on-year (y-o-y) growth.
During the same period, SAIL also achieved the highest-ever cash collection of Rs 1.11 lakh crore, reflecting a 10% y-o-y growth.
In February 2026, the company achieved total sales of 1.58 MT. The company reduced its inventory by 1.05 lakh tonnes compared to January 2026 and lowered its borrowings by Rs 1000 crore.
On the results, AK Panda, Director (Finance) with additional charge of Director (Commercial) said, "We are ready to adapt and grow with the market. By managing inven...