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Prakash Industries achieves highest ever sales of steel in Q4FY21

08 Apr 2021 Evaluate

Prakash Industries has achieved highest ever sales of around 2,72,142 tonnes of steel in Q4FY20-21, recording growth of 8.85% (Q-o-Q basis) and 31.16% (Y-o-Y basis). In FY20-21, the company achieved highest ever sales of around 9,54,760 tonnes of steel, a growth of 3.13% over FY19-20 despite disruptions due to COVID-19 pandemic. In FY20-21, DRI Production has been highest ever at 9,05,616 tonnes, recording growth of 10.73% over FY19-20.

Prakash Industries is an integrated steel and power company. Its products include coal mines, iron ore mines, sponge iron, power, steel melting shop and ferro alloys.

Peers
Company Name CMP
JSW Steel 1236.20
Tata Steel 173.90
Steel Authority 168.65
Jindal Stainless 733.95
APL Apollo Tubes 2155.00
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