SAIL Posts Record 18.24 MT Sales in Apr–Feb FY26; Reintroduces Chequered Plates from Bokaro Steel Plant

Steel Authority of India Limited (SAIL), India’s largest public sector steel-producing Maharatna company, has reported its best-ever sales performance for the April–February period of FY26.

The company recorded total sales of 18.24 million tonnes (MT) during the first eleven months of FY26, marking a 14% year-on-year growth compared with the same period last year. Alongside the sales milestone, SAIL also achieved its highest-ever cash collection of ₹1.11 lakh crore, reflecting a 10% year-on-year increase.

According to the company, retail sales, stockyard sales, and door deliveries all witnessed significant improvement during the period, highlighting SAIL’s strong customer-centric sales strategy and market outreach.

In February 2026, SAIL achieved total sales of 1.58 MT. During the month, the company also reduced its inventory by 1.05 lakh tonnes compared to January 2026, while lowering borrowings by ₹1,000 crore, demonstrating improved working capital management and financial discipline.

Responding to evolving market demand, SAIL has also reintroduced the production of chequered plates, a product widely used in infrastructure, industrial flooring, and transportation sectors. Notably, the chequered plates are being produced for the first time from the Bokaro Steel Plant, expanding the company’s product portfolio.

Commenting on the development, A.K. Panda, Director (Finance) with additional charge of Director (Commercial), said:

“We are ready to adapt and grow with the market. By managing inventory and working capital smartly, we are showing financial discipline that strengthens the company’s foundation. At the same time, our record sales and cash collections are proof of the trust our customers place in us.”

The strong performance underscores SAIL’s continued focus on market responsiveness, operational efficiency, and financial prudence while strengthening its position in the domestic steel sector.