New Delhi, March 11: Steel Authority of India Limited (SAIL) has reported its highest-ever sales for the April–February period of FY26, according to the Ministry of Steel.
The Maharatna steel producer recorded total sales of 18.24 million tonnes (MT) during the first 11 months of the financial year, marking a 14% year-on-year increase.
During the same period, SAIL also achieved its highest-ever cash collection of ₹1.11 lakh crore, reflecting a 10% growth compared to the previous year.
Retail performance also improved, with higher stockyard sales and door deliveries, indicating stronger customer engagement and market reach.
In February 2026 alone, the company reported total sales of 1.58 MT. SAIL also reduced its inventory by 1.05 lakh tonnes compared to January 2026 and lowered its borrowings by ₹1,000 crore, reflecting improved balance sheet management.
To address evolving market demand, SAIL has reintroduced production of chequered plates, with manufacturing initiated for the first time at the Bokaro Steel Plant in Jharkhand.
Commenting on the performance, A.K. Panda, Director (Commercial) with additional charge, said the company remains focused on financial discipline while responding to market requirements.
SAIL shares also moved higher during the session, rising over 3% to ₹155.30 on the BSE, touching an intraday high.
