SAIL Q4 FY26 Guidance vs Delivery (SAIL Management Mirror)

Sales & Production Volumes

In the Dec'25 Qtr, management targeted FY27 saleable steel volumes of 21.0 million tonnes and hot metal production of 22.5 million tonnes, but in the Mar'26 Qtr, the FY27 total sales volume target was explicitly increased to 22.0 million tonnes, inclusive of 0.6 to 0.7 million tonnes from RINL products. Management reaffirmed the FY27 crude steel production target at 22.5 million tonnes, driven by de-bottlenecking rather than new capacity additions. Additionally, an iron ore production target of 56 million tonnes was initiated for the current year, with a long-term ramp-up target of 80 million tonnes. [Status: Upgraded]