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SAIL posts 8% sales growth in FY17 on higher production volumes

SAIL posts 8% sales growth in FY17 on higher production volumes

Saturday, April 1, 2017, 9:16 PM

Steel Authority of India Ltd. reported a 8% growth in sales to 13.143 million tonnes during FY17 compared to FY16 on higher production volumes. The company recorded its best ever sales figure for March 2017 which stood at 1.575 mt recording, a growth of 21% over March-2016. On the production front, SAIL posted a 12% increase in sale-able steel output for FY17 over FY16.
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