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JSPL reports 30% growth in consolidated Steel Sales in Q2FY21

06 Oct 2020 Evaluate

Jindal Steel & power (JSPL) has continued its onward march with a record 30% (Y-o-Y) growth in consolidated Steel Sales of 2.41 million tons in Q2FY21 as compared to 1.85 Million tons in Q2FY20. The company also reported 18% (Y-o-Y) growth in Consolidated Steel Production with 2.35 million tons in Q2FY21 as compared to 1.99 Million tons in Q2FY20.

With the revival of domestic steel demand, the company has recorded 29% (Y-o-Y) growth in Standalone Steel Sales with 1.93 Million Tons Q2FY21 as compared to 1.49 Million Tons in Q2FY20. The company also reported a 16% rise in (Y-o-Y) Standalone Steel Production with 1.84 Million tons in Q2FY21 as compared to 1.58 Million tons in Q2FY20.

JSPL is one of India’s fastest growing and largest integrated steel manufacturers, significantly present in Steel, Power Generation and Infrastructure segments and catering to a large part of India's domestic energy and infrastructure requirement.

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