SAIL Fiscal 2026 Performance: Sales Up By 11.5% to 20.14 Million Tonnes, Production Hits Record

Steel Authority of India Limited has delivered its strongest operational performance to date in FY26, driven by higher production and sales. The milestone year also coincides with a transition phase in the company’s leadership. 

Record Performance Across Sales and Production 

As per news reports, the state-run steel producer recorded total sales of 20.14 MT in FY26, reflecting an 11.5% increase from 18.07 MT in the previous financial year. The company also achieved its highest-ever crude steel output at 19.43 MT, along with saleable steel production of 19.176 MT. 

These results mark new benchmarks for the company across both production and sales metrics. A significant contributor to this performance was record supplies of 1.25 MT to Indian Railways. In addition, the Universal Rail Mill registered its highest-ever output of long rails, further supporting overall production growth. 

Exports also showed strong momentum, reaching 2.9 lakh tonnes during the year, representing a 162% increase. The company expanded its presence in global markets, including entry into Bhutan. 

Leadership Changes and Transition 

On the leadership front, Krishna Kumar Singh, who serves as Director (Personnel), has taken on additional responsibilities as Chairman and Managing Director. He brings nearly 40 years of experience across various domains, including plant operations, maintenance, human resources, vigilance, and administration. 

Meanwhile, the Public Enterprises Selection Board has recommended Ashok Kumar Panda, currently Director (Finance) at SAIL, for the position of Chairman and Managing Director. Panda had also previously held additional charge as Director (Commercial) before TN Natarajan was appointed to that role. 

Singh is expected to continue in the interim leadership role until Panda formally assumes charge.

Read More: Trump Retains 50% Tariffs on Steel, Aluminium and Copper, Revises Duty Rules! 

SAIL Share Price Performance  

As of 06 April 2026, at 9:18 AM, SAIL share price is trading at ₹152.10 per share, reflecting a decline of 1.97% from the previous closing price.  

Conclusion 

With record operational achievements and a leadership transition underway, SAIL enters the next phase of growth backed by strong performance and evolving management structure. 

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