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Steel Authority of India Limited clocks its best ever Quarter 1 performance in production and sales

in Business July 5, 2023 Comments Off on Steel Authority of India Limited clocks its best ever Quarter 1 performance in production and sales 462 Views

Newdelhi:5/7/23:Steel Authority of India Limited (SAIL) has achieved record-breaking performance in the first quarter of the financial year 2023-24 (Q1 FY24) in terms of production and sales.

The production of hot metal, crude steel, and saleable steel of 5.037 million tonnes (MT), 4.667 MT, and 4.405 MT, respectively, marked the best ever first quarter results. These figures represent a remarkable growth of 7%, 8%, and 8% respectively in comparison to the previous best.

SAIL also attained its highest-ever sales performance in the first quarter by achieving a sales volume of 3.9 MT, thereby marking a growth of around 24% over the CPLY. This record breaking performance by SAIL has come up in the light of its continued focus on maximizing capacity utilization and meeting the customer demands.

About Editor in chief

Ashok Palit has completed his graduation from Upendranath College Soro, Balasore and post graduation from Utkal University in Odia Language and literture.. He has also carved out a niche for himself as a scribe of eminence after joining the profession in 1988. He is also an independent media production professional. He brings loads of experience to Advanced Media, Ashok Palit as a cineaste has been active in film criticism for over three decades. As a film society activist, he soared to eminence for his profound commitment to the art film appreciation and aesthetics of cinema. His mode of discourse is often erudite but always lucid and comprehensible marked by a perfect acumen so rare in the field. A film aesthete with an immense fond of critical sensibilities, he wrote about growth and development of odia cinema in New Indian Express, The Times of India, The Hindustan Times, The Asian Age and Screen. He has been working as an Editor for Cine Samaya from 2002-2004.. He had made solid contribution on cinema in many odia Dailies and weekly such as Samaj, Prajatantra, Dharatri, Samaya, Satabadi, and weekly Samaya.
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