JSPL reports highest ever quarterly domestic production in Q3 FY20
2020-01-02 16:06:12 [Print]
Jindal Steel & Power Ltd. (JSPL) reported 30 percent year-on-year growth in quarterly sales of crude steel and related products in the third quarter ended December 2019 ("Q3FY20") along with highest ever quarterly domestic production.
The company's total sales in Q3FY20 stood at 1.66 million tonnes as against 1.27 million tonnes in the same period last year. Export shipments during the quarter increased to more than 3 lakh million tonnes, registering an increase of 213 percent year-on-year.
The company also recorded its highest ever quarterly domestic production of crude steel and related products with a 22 percent year-on-year growth in Q3FY20, as a result of the strong and consistence performance across all locations, especially in the Angul operations.
The total crude steel and related production stood at 1.61 million tonnes, compared to 1.32 million tonnes in the corresponding period last year.
The company's total sales in Q3FY20 stood at 1.66 million tonnes as against 1.27 million tonnes in the same period last year. Export shipments during the quarter increased to more than 3 lakh million tonnes, registering an increase of 213 percent year-on-year.
The company also recorded its highest ever quarterly domestic production of crude steel and related products with a 22 percent year-on-year growth in Q3FY20, as a result of the strong and consistence performance across all locations, especially in the Angul operations.
The total crude steel and related production stood at 1.61 million tonnes, compared to 1.32 million tonnes in the corresponding period last year.
