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JSPL Reports 12% Increase in Sales in Q1 of 2020-21

Steel News - Published on Fri, 03 Jul 2020

Image Source: JSPL Steel Production
Jindal Steel & Power Limited has reported growth in its Standalone Steel Production and Sales during Q1 FY'21. The company recorded a 12% QoQ growth in sales volumes and 8% rise in standalone steel including pig iron production during Q1 FY'21. The export sales contributed to 58% of total sales volumes in Q1 FY'21.

Key Highlights
- Ever Highest Monthly Steel (incl. pig iron) production of 626,000 tons in June 2020
- Ever Highest Quarterly Steel (incl. pig iron) production of 1,670,000 tons in Q1 FY'21
- Ever Highest Export Sales of 900,000 tons in Q1 FY'21
- Consolidated Steel (incl. pig iron) Sales rises by 7% Q-o-Q

Production
Fig in Million TonsQ1FY21Q4FY20QoQ
Standalone1.671.54+8%
Oman0.360.57-36%
Consolidated2.032.11-4%
 


Sales
Fig in Million TonsQ1FY21Q4FY20QoQ
Standalone1.561.40+12%
Oman0.500.53-6%
Consolidated2.071.93+7%
 

Source :

Posted By : Yogender Pancholi on Fri, 03 Jul 2020
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