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SAIL Records 36% Jump in November Sales

Steel News - Published on Thu, 05 Dec 2019

Image Source: wikimedia.org
Steel Authority of India Limited has recorded more than 36% jump in sales during the month of November 2019 on year on year basis. The company’s sales during November 2019 stood at 1.409 million tonnes. SAIL chairmen Mr Anil Kumar Chaudhary said “SAIL has recorded a handsome jump in sales for November’19 and with the promising future outlook, the Company expects a positive consumption sentiment. While focusing on ramping up its production particularly from its modernized units, the Company is also taking several customer-centric measures including providing customized products.”

As per company “SAIL’s recently launched cost control drive, doing more with less, is expected to bring down the cost of production which is a key factor in achieving higher profitability.”

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Posted By : Rabi Wangkhem on Thu, 05 Dec 2019
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