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JTL Industries jumps on logging 76% growth in sales volume in Q3 FY24

02 Jan 2024 Evaluate

JTL Industries is currently trading at Rs. 242.50, up by 4.85 points or 2.04% from its previous closing of Rs. 237.65 on the BSE.

The scrip opened at Rs. 245.00 and has touched a high and low of Rs. 248.80 and Rs. 237.10 respectively. So far 178444 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 252.75 on 19-Dec-2023 and a 52 week low of Rs. 142.75 on 28-Mar-2023.

Last one week high and low of the scrip stood at Rs. 248.80 and Rs. 229.30 respectively. The current market cap of the company is Rs. 4119.56 crore.

The promoters holding in the company stood at 55.78%, while Institutions and Non-Institutions held 3.42% and 40.80% respectively.

JTL Industries has recorded its highest ever quarterly sales volume of 1,00,905 MT in Q3 FY24, exhibiting a rigorous and robust growth of 76.05% over Q3 FY23 driven by healthy demand for its structural steel tubes and pipes finding application in infrastructure and industrial sectors in both domestic and international markets. 

JTL recorded decent growth in volumes of value-added products which stood at 19,789 MT for Q3FY24. This underscores a remarkable YoY growth rate of 35.39%, surpassing the sales volume of 14,616 MT recorded during Q3 FY23. 

In terms of 9MFY24 performance, the Company continues to scale significant milestone and has recorded highest ever 9M sales volume reaching an unprecedented 2,59,933 MT, surpassing FY23 sales volume of 2,40,316 MT and demonstrating a robust growth of 62.32% compared to 9M FY23. JTL witnessed a remarkable increase in sales of value-added products, with a substantial 46.79% growth, rising from 54,837 MT in 9M FY23 to 80,497 MT in 9M FY24.  

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

JTL Industries Share Price

67.67 0.88 (1.32%)
20-Apr-2026 16:59 View Price Chart
Peers
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