SAIL collaborates with MDI Gurgaon for executive education programme

New Delhi: Maharatna steel giant Steel Authority of India (SAIL) on Thursday said it has entered into a pact with the Management Development Institute (MDI), Gurgaon, to collaborate on executive education programmes.

The deal was signed between SAIL's Management Training Institute (MTI) and Management Development Institute (MDI), Gurgaon.

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This partnership will combine academic knowledge with real-world application through customised leadership programmes, strategy and innovation-driven learning interventions, action learning for measurable business impact, overseas learning programmes, joint research, and consulting and case studies tailored for SAIL executives, the country’s largest steel maker said in a statement.

This collaboration aims to strengthen organisational capability while aligning with global best practices.

The memorandum of understanding (MoU) was signed on Thursday by Sanjay Dhar, ED (HR-L&D), MTI, SAIL, and Sumita Rai, Dean–Industry Connect, MDI, Gurgaon, in the presence of K K Singh, Director (Personnel) and other senior executives from SAIL and MDI.

The state-owned steel maker had posted an over 42 per cent rise in standalone net profit to Rs 1,680 crore during the March quarter of FY26.

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The company had reported a net profit of Rs 1,178 crore in the year-ago period.

During the January-March period of FY 2025-26, the company's revenue from operations increased to Rs 30,813 crore from Rs 29,316 crore in the fourth quarter of the preceding financial year.

The company's board also approved a final dividend of Rs 2.35 per equity share for FY26.

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