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Jindal Stainless reports 23% jump in FY22 sales

08 Apr 2022 Evaluate

Jindal Stainless has posted 23% jump in its sales at 10.11 lakh tonnes in FY22 compared to the year-ago period. During the fourth quarter of FY22, the company's sales volume stood at 2,69,168 tonnes, up 6% compared to the year-ago period.

The sales volume was backed by company's agile supply chain and a flexible product mix with a focus on value added product segments. Despite volatility and global disruptions in raw material supply and logistics, company effectively upped its exports.

Jindal Stainless is one of the largest stainless steel conglomerates in India and ranks amongst the top 10 stainless steel conglomerates in the world.

Peers
Company Name CMP
JSW Steel 1223.05
Tata Steel 178.00
Steel Authority 175.05
Jindal Stainless 729.75
APL Apollo Tubes 2156.25
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