JSW Steel has posted a combined crude steel production of 5.98 million tonne (MT) for the quarter ended March 31, 2022 (Q4FY22), including the production at jointly controlled entity viz. JSW Ispat Special Products. At 5.98 MT, the production was 37 per cent higher compared to 4.36 MT steel the company had produced in the year-ago period.
On a standalone basis, the company’s output grew by 20 per cent to 5.01 MT during Q4FY22 from 4.19 MT in the year-ago quarter. The capacity utilisation of existing operations at standalone level improved from 94 per cent in October-December period (Q3FY22) to 98 per cent in (Q4FY22).
During the entire FY 2021-22, the company has posted a growth of 38 per cent in its combined steel production to 21.47 MT, compared to 15.53 MT in the 2020-21 fiscal. The company's output on a standalone basis in FY22 was at 17.62 MT, up 17 per cent from 15.08 MT in the preceding financial year.
JSW Steel is one of the largest steel manufacturing companies in India having units in Karnataka and Maharashtra producing crude steel, long steel and flat steel products.
| Company Name | CMP |
|---|---|
| Tata Steel | 211.30 |
| JSW Steel | 1264.30 |
| SAIL | 184.70 |
| Jindal Stainless | 768.20 |
| APL Apollo Tubes | 1903.45 |
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