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SAIL Hits Record 20.14 MT Sales in FY26, Exports Surge 162%

Steel Authority of India Limited (SAIL) has announced its best-ever annual sales performance, achieving 20.14 million tonnes in FY26, an 11.5% increase over the previous year. The company also set new records in crude steel and saleable steel production while significantly boosting supplies to Indian Railways. Exports witnessed extraordinary growth of 162%, expanding SAIL's footprint in new international markets like Bhutan. Concurrently, Krishna Kumar Singh, Director (Personnel), has assumed the additional role of Chairman & Managing Director, bringing four decades of experience to the position.

Key Points: SAIL Achieves Record Sales & Production in FY26

  • Record sales of 20.14 MT
  • Crude steel output hits 19.43 MT
  • Exports surge 162% to 2.9 Lakh Tonnes
  • Supplies to Indian Railways reach 1.25 MT
  • New CMD Krishna Kumar Singh assumes charge
2 min read

SAIL achieves record sales of 20.14 MT in FY26

SAIL reports best-ever sales of 20.14 MT and record production in FY26, with exports growing 162% and a new CMD assuming charge.

"Operational excellence was further demonstrated through improved efficiency parameters - SAIL Statement"

New Delhi, April 2

India's largest steelmaking public sector company, Steel Authority of India Limited on Thursday said it recorded best‑ever sales of 20.14 million tonnes in FY26, up 11.5 per cent over the prior year's 18.07 million tonnes.

This growth was broad-based, with sales rising across all product categories, the company said.

Crude steel output reached a record 19.43 MT and saleable steel production hit 19.176 MT, surpassing previous records.

The company claimed that supplies to Indian Railways reached a record 1.25 million tonnes, from the Universal Rail Mill, also underscoring the company's strategic contribution to rail expansion. Exports surged to 2.9 Lakh Tonnes, registering a remarkable 162 per cent growth, with SAIL successfully expanding into new international markets, including Bhutan.

"Operational excellence was further demonstrated through improved efficiency parameters, reinforcing the company's commitment to sustainable and competitive steelmaking," the statement said.

These achievements reinforce SAIL's ability to deliver consistent value, strengthen its brand positioning, and expand customer reach across diverse markets, it added.

Further, the state-owned steel maker announced that Krishna Kumar Singh, Director (Personnel), has assumed the additional charge of Chairman & Managing Director of Steel Authority of India Limited on Friday.

The company mentioned his four decades of extensive experience across diverse functions including steel plant operations & maintenance, human resource development, vigilance, and personnel & administration.

As Director (Personnel), Singh has spearheaded the transformation of SAIL's human resources, introducing progressive employee welfare and development schemes to make the workforce future-ready.

The company had in an earlier statement mentioned its record-breaking performance in January spanning across sales, dispatches, cash collections and customer door-to-door delivery.

The company achieved record dispatches from plants, expanded door delivery volumes and enhanced warehouse sales, underscoring its strong focus on customer-centricity and logistics efficiency while deepening market penetration.

- IANS

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Reader Comments

P
Priya S
Great to see the growth in exports too! 162% is no small number. Expanding into markets like Bhutan shows our manufacturing prowess. Hope this creates more jobs and boosts the local economies around the plants.
R
Rohit P
While the numbers are impressive, I hope this operational excellence translates to better prices for domestic consumers. Sometimes record profits for PSUs don't mean cheaper steel for our construction and manufacturing sectors. Just a thought.
S
Sarah B
The focus on customer-centricity and door-to-door delivery mentioned at the end is key. In a competitive market, service is as important as the product. Good to see a traditional giant adapting. Well done SAIL team!
V
Vikram M
Krishna Kumar Singh taking over as CMD is interesting. His HR background could be a fresh perspective. Transforming the workforce to be "future-ready" is crucial for any old PSU to stay relevant. Best of luck to him! 🤞
M
Michael C
As someone in the logistics sector, the record dispatches and enhanced warehouse sales point to a very efficient supply chain. That's often the unsung hero behind these sales figures. Kudos on that front.

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