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JTL Industries logs 57% growth in sales volumes during Q2FY24

04 Oct 2023 Evaluate

JTL Industries has registered 56.78 per cent rise in sales volumes at 81,686 tonne in July-September (Q2FY24) as compared to 52,101 tonne sales in Q2FY23. The company has posted 54.66 per cent growth in sales at 1.59 lakh tonne (LT) for April-September period of the ongoing fiscal year. Sales in the first half of FY23 were 1.02 lakh tonne. Sales of value-added products rose to 60,708 tonne in H1 FY24 from 40,221 tonne in H1FY23.

The company attributed the surge in sales numbers to robust demand for structural steel tubes and pipes in both domestic and international markets. 

JTL Industries manufactures various grades of galvanised steel tubes and pipes.

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