• About us
  • Team
  • Privacy Policy
  • Contact
Wednesday, October 14, 2026
  • Login
No Result
View All Result
World's first weekly chronicle of development news
  • Blitz Highlights
    • Special
    • Spotlight
    • Insight
    • Entertainment
    • Sports
  • Opinion
  • Legal
  • Perspective
  • Nation
    • East
    • West
    • North
    • South
  • Business & Economy
  • World
  • Hindi Edition
  • International Editions
    • Dubai
    • Tanzania
    • United Kingdom
    • USA
  • Blitz India Business
  • Blitz Highlights
    • Special
    • Spotlight
    • Insight
    • Entertainment
    • Sports
  • Opinion
  • Legal
  • Perspective
  • Nation
    • East
    • West
    • North
    • South
  • Business & Economy
  • World
  • Hindi Edition
  • International Editions
    • Dubai
    • Tanzania
    • United Kingdom
    • USA
  • Blitz India Business
No Result
View All Result
World's first weekly chronicle of development news
No Result
View All Result

SAIL records highest-ever sales with 16 pc growth

by Blitz India Media
February 4, 2026
in News
0
steel
Blitz Bureau

NEW DELHI: Steel Authority of India Limited (SAIL), one of the country’s largest steel-making companies and a Maharatna public sector enterprise, on February 3 announced it has achieved its highest-ever cumulative sales during the April to January period of the current financial year. The company recorded total sales of 16.6 million tonnes during this period in FY 2025–26, showing a strong growth of 16 per cent compared to 14.3 million tonnes in the same period last financial year, according to the official statement.
This marks the best sales performance in SAIL’s history for these months. SAIL also delivered its best-ever sales figures for the month of January. “The company achieved record dispatches from plants, expanded door delivery volumes and enhanced warehouse sales, underscoring its strong focus on customer-centricity and logistics efficiency while deepening market penetration,” it added.
In January 2026, the company sold 1.84 million tonnes of steel, which is more than 10 per cent higher than the 1.68 million tonnes sold in January last financial year. The strong sales performance helped the company reduce its inventory by around 0.25 million tonnes.
It also led to a significant reduction in borrowings, improving the company’s financial position. According to the company, the record achievements were seen across several areas such as sales, dispatches, cash collections and customer deliveries.
SAIL increased the volume of steel delivered directly to customers’ locations, expanded warehouse-based sales and improved dispatches from its plants. These improvements reflect the company’s focus on better logistics and customer service.

Related Posts

Rajnath Singh
News

India offers ASEAN joint manufacture of defence systems

October 14, 2026
India Canada diplomatic ties
News

India News: Canada Ties, Ports, Minerals and Stubble Fires

October 14, 2026
Asian Champions Trophy 2026
News

Pathak returns as India names squad for Asian Champions Trophy

October 13, 2026
Electronics production grows seven-fold : MeitY
News

New Delhi, 13 October : India’s fintech sector raised $2.2 billion in the first nine months of 2026 (January 1, 2026–September 30, 2026), up 14 per cent from $1.9 billion in the same period a year earlier, a report said. The report from data intelligence platform Tracxn Technologies Limited said funding rounds dipped from 260 to 153, adding that the funding was concentrated in a smaller number of large late‑stage rounds, with five mega‑rounds of $100 million or more accounting for $1.1 billion or 48 per cent of total capital. The report said in the first nine months of 2026, digital lending and payments topped the category rankings, while Bengaluru accounts for over three-fifths of all capital raised. On the exit side, IPOs saw a 50 per cent uptick while overall acquisitions slowed. As many as 30 companies raised their first funding round, down 49 per cent from 59 in the previous year. Series A and later rounds totalled 77, down 31 per cent from 112. Late-stage funding (Series C+, PE, and pre-IPO) led the mix, rising 95 per cent to $1.5 billion in the first nine months of 2026 — up from $751 million during the same period in the previous year. This capital surge pushed late-stage investments to 67 per cent of total market funding, the report noted. Earlier stages experienced contractions in capital and deal counts. Early-stage funding fell 33 per cent to $668 million across 52 rounds, compared to $1 billion across 82 rounds in nine months of 2025. Seed funding fell 57 per cent to $73.8 million across 76 rounds, down from $173 million across 148 rounds. New unicorns crossed the billion-dollar threshold in an average of 7.1 years after their Series A funding. Moreover, the industry saw 3 IPOs in nine months of 2026, up 50 per cent from 2 in the previous year, alongside 11 acquisitions, down 45 per cent from 20.

October 13, 2026
Indian stock market
News

IBM and MeitY Startup Hub partner to support India’s deep-tech startups with AI, cloud, quantum computing and mentorship.

October 13, 2026
IBM
News

IBM, MeitY sign MoU to boost India’s deep-tech

October 13, 2026
Load More
Next Post
Musk votes for India

Musk’s net worth soars past $800 billion after SpaceX‑xAI deal

Recent News

Rajnath Singh
News

India offers ASEAN joint manufacture of defence systems

by Blitz India Media
October 14, 2026
0

NEW DELHI, 14 October— India is ready to explore building patrol vessels, radars, air-defence systems, helicopters and drones together with...

Read moreDetails
India Canada diplomatic ties

India News: Canada Ties, Ports, Minerals and Stubble Fires

October 14, 2026
Asian Champions Trophy 2026

Pathak returns as India names squad for Asian Champions Trophy

October 13, 2026
Electronics production grows seven-fold : MeitY

New Delhi, 13 October : India’s fintech sector raised $2.2 billion in the first nine months of 2026 (January 1, 2026–September 30, 2026), up 14 per cent from $1.9 billion in the same period a year earlier, a report said. The report from data intelligence platform Tracxn Technologies Limited said funding rounds dipped from 260 to 153, adding that the funding was concentrated in a smaller number of large late‑stage rounds, with five mega‑rounds of $100 million or more accounting for $1.1 billion or 48 per cent of total capital. The report said in the first nine months of 2026, digital lending and payments topped the category rankings, while Bengaluru accounts for over three-fifths of all capital raised. On the exit side, IPOs saw a 50 per cent uptick while overall acquisitions slowed. As many as 30 companies raised their first funding round, down 49 per cent from 59 in the previous year. Series A and later rounds totalled 77, down 31 per cent from 112. Late-stage funding (Series C+, PE, and pre-IPO) led the mix, rising 95 per cent to $1.5 billion in the first nine months of 2026 — up from $751 million during the same period in the previous year. This capital surge pushed late-stage investments to 67 per cent of total market funding, the report noted. Earlier stages experienced contractions in capital and deal counts. Early-stage funding fell 33 per cent to $668 million across 52 rounds, compared to $1 billion across 82 rounds in nine months of 2025. Seed funding fell 57 per cent to $73.8 million across 76 rounds, down from $173 million across 148 rounds. New unicorns crossed the billion-dollar threshold in an average of 7.1 years after their Series A funding. Moreover, the industry saw 3 IPOs in nine months of 2026, up 50 per cent from 2 in the previous year, alongside 11 acquisitions, down 45 per cent from 20.

October 13, 2026
Indian stock market

IBM and MeitY Startup Hub partner to support India’s deep-tech startups with AI, cloud, quantum computing and mentorship.

October 13, 2026

Blitz Highlights

  • Special
  • Spotlight
  • Insight
  • Entertainment
  • Health

International Editions

  • US (New York)
  • UK (London)
  • Middle East (Dubai)
  • Tanzania (Africa)

Nation

  • East
  • West
  • South
  • North
  • Hindi Edition

E-paper

  • India
  • Hindi E-paper
  • Dubai E-Paper
  • USA E-Paper
  • UK-Epaper
  • Tanzania E-paper

Useful Links

  • About us
  • Team
  • Privacy Policy
  • Contact

©2024 Blitz India Media -Building A New Nation

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

    No Result
    View All Result
    • Blitz Highlights
      • Special
      • Spotlight
      • Insight
      • Entertainment
      • Sports
    • Opinion
    • Legal
    • Perspective
    • Nation
      • East
      • West
      • North
      • South
    • Business & Economy
    • World
    • Hindi Edition
    • International Editions
      • Dubai
      • Tanzania
      • United Kingdom
      • USA
    • Blitz India Business

    ©2024 Blitz India Media -Building A New Nation