SAIL clocks record sales of 18.24 MT in Apr–Feb FY26; cash collection crosses Rs 1.11 lakh crore

New Delhi: Steel Authority of India Limited (SAIL) has recorded its highest-ever sales for the April–February period of FY’26, achieving total sales of 18.24 million tonnes (MT), marking a 14 percent year-on-year growth.

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The Maharatna steelmaker also reported its highest-ever cash collection of Rs 1.11 lakh crore during the 11-month period, registering a 10 percent year-on-year increase, the company said in a statement.

SAIL’s retail sales, stockyard sales and door deliveries all recorded significant improvement during the period, reflecting the company’s strengthened customer-centric approach and improved market outreach.

In February 2026 alone, the company achieved total sales of 1.58 MT. During the month, SAIL also reduced its inventory by 1.05 lakh tonnes compared to January 2026 and lowered its borrowings by Rs 1,000 crore, indicating stronger financial management and working capital discipline.

In response to specific market requirements, SAIL has also reintroduced the production of chequered plates. Notably, the product is being manufactured for the first time at the Bokaro Steel Plant located in Jharkhand to cater to demand from relevant sectors.

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Commenting on the development, AK Panda, Director (Finance) with additional charge of Director (Commercial), said the company remains prepared to adapt to evolving market dynamics.

“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,” Panda said.

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