Jindal Steel and Power (JSPL) has reported a 34.41 percent rise in its output, and the sales grew 37.41 percent during the quarter ended March 31 (Q4). During the January-March period of 2020-21, the company produced 2.07 million tonne (MT) of steel, compared to 1.54 MT in the year-ago quarter. Its sales during the quarter rose to 1.91 MT from 1.39 MT a year ago.
For the entire FY21, the company's output stood at 7.51 MT, up 19.20 percent from 6.30 MT in the preceding fiscal. Its sales registered a 20.13 percent rise to 7.28 MT as compared to 6.06 MT in FY20. In March alone, the company said its production rose to 7.30 lakh tonne (LT), registering a 21 per cent year-on-year growth. The sales in March 2021 were 61 per cent higher at 7.86 LT over the same month last year.
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.
| Company Name | CMP |
|---|---|
| Jindal Steel | 1269.50 |
| Lloyds Metals&Energy | 1622.70 |
| Jai Balaji Inds | 72.59 |
| Steel Exchange India | 8.96 |
| Rajputana Stainless | 125.90 |
| View more.. | |
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