Steel Authority of India Limited (SAIL) has recorded its highest ever sales for the April–February period of FY26. During the first eleven months of the financial year, the company sold 18.24 million tonnes (MT) of steel. This is 14 per cent higher than the same period last year. SAIL also reported its highest cash collection of ₹1.11 lakh crore during the period. This is about 10 per cent higher compared to last year.
The company said retail sales, stockyard sales and door deliveries improved during the period. The growth reflects SAIL’s focus on expanding its customer base.
In February 2026, the company recorded total sales of 1.58 MT.
SAIL also reduced its inventory by 1.05 lakh tonnes compared to January 2026. During the same period, the company brought down its borrowings by ₹1,000 crore.
The company has also restarted production of chequered plates in response to market demand. These plates are being produced for the first time at the Bokaro Steel Plant in Jharkhand.
Commenting on the performance, A.K. Panda, Director (Finance) with additional charge of Director (Commercial), said the company is ready to respond to changing market conditions. He said better control of inventory and working capital shows financial discipline. Record sales and cash collections also reflect strong demand from customers.
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