Steel Authority of India (SAIL), India’s leading steel company, has reported production of 3.72 million tonnes (MT) of crude steel in Q4 which was 10% higher as compared to 3.38 MT over the corresponding period last year (CPLY). The profit After Tax in Q4 FY15 was Rs 334 crore against Rs 453 crore CPLY.
The company has maintained its output and braved the headwinds by improved production, better techno-economic parameters and strategic policy initiatives. In FY’15, SAIL achieved the highest ever concast production at 10.34 MT with a growth of 6% over the previous best of 9.8 MT achieved last year. The coke rate and specific energy consumption also recorded best ever figures at 504 kg/thm and 6.52 Gcal/tcs respectively in FY’15.
SAIL is India's largest steel producing company. The company is among the five Maharatnas of the country's Central Public Sector Enterprises. The company has five integrated steel plants, three special plants, and one subsidiary in different parts of the country.
