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Tag Archives: Steel Authority of India Ltd

SAIL records 26% turnover growth but profit declines

Steel Authority of India Ltd. (SAIL) registered a turnover of Rs 12,860 crore in the first quarter of FY18 posting a growth of 26 percent over the turnover of Rs 10,180 crore achieved in the corresponding period last year. In the same quarter, the total sales volume at 3.028 million…

SAIL to expand Rourkela unit capacity to 10 million tonnes

Steel Authority of India Ltd (SAIL) is looking to expand the capacity of its Rourkela unit to 10 million tonne per annum (mtpa) up from 4.5 mtpa now. The expansion plan may cost SAIL over Rs 30,000 crore considering the thumb rule that Rs 6,000-7,000 crore is needed for every…

Sail runs into a loss in Q4

   Steel Authority of India Ltd (SAIL) swung to a net loss of ₹1,230 crore in the fourth quarter of 2015-16 due to lower steel prices. The company had earned a net profit of ₹334 crore in the same quarter last year. During the quarter, the company’s net sales remained…

G Vishwakarma selected for Dir.(P & BP), SAIL

  G Vishwakarma (ED, NMDC) has been recommended for the post of Director (Projects & Bussiness Planning), Steel Authority of India Limited in the selection interveiw held today (28 Sept. 2015). The post of  Director (P & BP) is lying vacant since May 31 after T S Suresh.had superannuated. Interestingly,…

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