Steel Authority of India Limited achieved remarkable financial results during the first quarter of the current fiscal year. The public sector company witnessed a 273 percent surge in profit before exceptional items and tax compared to the previous year. Sales volumes expanded alongside revenue from operations and steel production metrics. Chairman Amarendu Prakash attributed this success to improved operational efficiency and stronger domestic market performance. Government safeguard duties provided additional support for the company's growth trajectory.
The steel manufacturer has become the primary supplier for the ambitious Zojila Tunnel construction project. Workers have received more than 31,000 tonnes of steel materials from SAIL for this infrastructure development. The tunnel will claim the distinction of being India's longest road passage and Asia's most extensive bi-directional route. Construction teams expect to complete this strategic project by 2027. SAIL continues its historical involvement in major national infrastructure initiatives such as the Chenab Railway Bridge and Bandra-Worli Sea Link.
The steel manufacturer has become the primary supplier for the ambitious Zojila Tunnel construction project. Workers have received more than 31,000 tonnes of steel materials from SAIL for this infrastructure development. The tunnel will claim the distinction of being India's longest road passage and Asia's most extensive bi-directional route. Construction teams expect to complete this strategic project by 2027. SAIL continues its historical involvement in major national infrastructure initiatives such as the Chenab Railway Bridge and Bandra-Worli Sea Link.
