In a significant boost towards cumulative sales achievements, Maharatna CPSE Steel Authority of India Ltd (SAIL) which is considered to be one of the largest steel producers in country has accelerated in terms of achieving 16% growth in total sales during the period of April-January 2025 at 16.6 MT as compared to 14.3 MT in the previous fiscal year of same period.
This has marked as highest ever cumulative sales reported by the company in recent time and has also registered its best-ever sales of January 2026, standing at 1.84 MT, up from 1.68 MT in the corresponding month of the previous year, demonstrating a rise of over 10%, and inventory reduction of 0.25 MT and substantial reduction in borrowings.
With this the shares of SAIL are trading higher in green zone by 1.13% at Rs 156.10 and the company has also achieved a remarkable performance in the December-end quarter with revenue at Rs 27.37K crore, up by 11.77% and Net income reported at Rs 374.03 crore with a upliftment of 163.61%.
This commendable achievement of performance during these periods contributes to multiple factors including sales, dispatches, cash collections, and customer door-to-door delivery.