SAIL registers a 14% sales growth in Q2

City Name: 
New Delhi
Release Date: 
Tue, 10/01/2013 - 17:21

Company achieves the best-ever H1 production of saleable steel at 6.5MT

New Delhi:Riding on a 16% growth in sales in September, 2013, Maharatna Steel Authority of India Limited (SAIL) recorded an increase of 14% in Sales in Q2FY14 y-o-y by selling 3.1 million tonnes (MT). During this period, there was also an increase of 47 per cent y-o-y in steel exports at 1.3 lakh tonnes.

During the first half of current financial year, the company achieved highest ever saleable steel production of 6.5 million tonnes, registering a growth of 4 per cent y-o-y.

Mr C.S. Verma, Chairman, SAIL expressed confidence that the growth trend in sales and exports would continue in the coming months.

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