Overview

• SAIL trimmed its outstanding borrowings by about Rs750 crore in FY24–25, lowering total debt to roughly Rs26,800 crore.
• Director Finance Ashok Kumar Panda said the steelmaker will pursue month-on-month debt cuts throughout the current fiscal year.
• The company has earmarked a Rs7,500 crore capital expenditure budget for 2025-26 to fund upgrades and expansions at its plants.
• SAIL aims to boost its installed steelmaking capacity from around 20 million tonnes per annum to 35 million tonnes by 2030.
• In the March quarter, consolidated net profit rose over 11% to Rs1,250.98 crore while revenue from operations climbed to Rs29,316.14 crore.