Steel Authority of India Limited (SAIL), a Maharatna public sector enterprise under the Ministry of Steel, Government of India, has reported a remarkable 315% year-on-year increase in standalone net profit to ₹1,774 crore for the second quarter of FY 2026–27, compared with ₹427 crore in the corresponding quarter of the previous financial year. Higher steel […]
Steel Authority of India Limited (SAIL) has signed a ₹854 crore Balance of Plant (BoP) contract with SEPC Ltd for the 4.2 million tonnes per annum (MTPA) Pellet Plant at its IISCO Steel Plant (ISP) in Burnpur, West Bengal. The contract marks a milestone in ISP’s ongoing expansion programme, which aims to increase its crude […]
Steel Authority of India Limited’s (SAIL) Rourkela Steel Plant (RSP) has signed a Memorandum of Understanding (MoU) with Indian Oil Corporation Limited (IOCL) for the supply of High Speed Diesel (HSD) and Motor Spirit (MS). Effective from October 1, 2026, the agreement will support the plant’s operational and transportation requirements by ensuring a reliable and […]
MCL has appointed Nirmal Kumar Singh as Director (Finance). He brings more than three decades of experience in public-sector finance, accounting reforms and digital transformation. MCL has appointed Nirmal Kumar Singh as Director (Finance). He assumed charge at Mahanadi Coalfields Limited on Monday. Singh brings more than three decades of experience in public-sector finance, digital […]
Steel Authority of India Limited (SAIL) held its 54th Annual General Meeting (AGM) in hybrid mode at CSOI, New Delhi, on September 24, 2026. Dr. A.K. Panda, Chairman and Managing Director, SAIL, presented the company’s performance for FY 2025–26 and outlined its priorities for the coming years. Addressing shareholders, Dr. Panda said SAIL remained resilient […]
NBCC has received multiple work orders worth approximately ₹144.98 crore from SAIL Bokaro, NEEPCO, Enforcement Directorate and Damodar Valley Corporation. NBCC (India) Limited has secured multiple work orders worth approximately ₹144.98 crore, excluding GST, from SAIL Bokaro Steel Plant, NEEPCO, the Enforcement Directorate and Damodar Valley Corporation (DVC). The company informed the stock exchanges that […]
SAIL sales rose 13% year-on-year to 1.87 million tonnes in August, supported by strong domestic demand and improved operational performance. The state-owned steelmaker also recorded its highest August production of hot metal, crude steel and saleable steel. SAIL Sales and Production Gain Momentum SAIL’s crude steel production increased 8% year-on-year to 1.68 million tonnes in […]
The Ministry of Steel announced that during the period of April to February in FY26, the Steel Authority of India Limited (SAIL) had its highest-ever sales. The steel company Maharatna saw a 14% increase in sales year-on-year in the first eleven months of the fiscal year, reaching 18.24 million metric tonnes (MT). With a 10% […]
India’s largest steel major Maharatna PSU, Steel Authority of India Ltd (SAIL), has earned the coveted honour of Great Place to Work designation for February 2026 to February 2027 for the third time in a row, following a company-wide review by the Great Place to Work Institute, India. The esteemed award shows how hard the […]
Government-owned Maharatna company Steel Authority of India Limited (SAIL) has supplied the entire requirement of special steel for India’s first indigenously designed and built Anti-Submarine Warfare Shallow Water Craft (ASW-SWC), ‘INS Arnala’, which was commissioned into the Indian Navy on Wednesday. This represents a major step forward towards the country’s self-reliance in the defence sector […]
