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SAIL achieves sales growth of 10% in November 2013

05 Dec 2013 Evaluate

Steel Authority of India (SAIL) has reported total sales of 9.7 lakh tonnes in November 2013, registering a 10% growth over same month last year (SMLY). The company accelerated its export sales, with shipments to the tune of 61,000 tonnes during November 2013, representing a three-fold growth over SMLY. Cumulative exports were 3.2 lakh tonnes in April-November 2013, up 72% on year-on-year basis.

SAIL is India's largest steel producing company. With a turnover of Rs 49,350 crore, the company is among the five Maharatnas of the country's Central Public Sector Enterprises. SAIL has five integrated steel plants, three special plants, and one subsidiary in different parts of the country.

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