JSPL Domestic Quarterly Steel & Related products Production and Sales in Q1 FY 20
- Q1 Sales at 1.51 Million Tonnes
- 16% y-o-y growth in Quarterly Sales
- Q1 Production at 1.57 Million Tonnes
- 17% y-o-y growth in Quarterly Production
New Delhi, July 8th 2019: The company recorded steel & related products production of 1.57 MT (Million Tonnes) and sales of 1.51 MT during the quarter of April – June 2019. The quarterly steel & related products production & sales saw a robust 17% and 16% growth respectively during Q1 FY20 on a year-on-year basis. The quarterly production and sales of steel & related products stood at 1.35 MT and 1.30 MT respectively in Q1FY19.
About JSPL:
Jindal Steel & Power Limited (JSPL), a part of the USD 22 billion diversified O. P. Jindal Group, is amongst India's fastest-growing and leading business conglomerates with a significant presence in core infrastructure sectors including steel, power, mining and infrastructure. JSPL's business operations span across the states of Chhattisgarh, Odisha and Jharkhand in India, where it operates some of India's most advanced steel manufacturing and power generation capacities of global scale. JSPL also has the world's first DRI plant based on Indian High Ash Coal Gasification. JSPL is amongst the lowest-cost producers of steel and power in India. India's largest Blast Furnace at JSPL Angul Odisha has produced its highest ever Hot Metal production of 10845 MT for a single day on 2nd July 2019. It is also reported that this is the ever-highest production produced by any of the BFs in India.
For further information, please contact:
Kalyan Kumar, Corporate Communication at +91 7042027890;
kalyan@jindalsteel.com
Rajmoni Borah, Corporate Communication at +91 88009 00548;
rajmoni.borah@jindalsteel.com
Kuldeep Singh, Corporate Communication, at +91 9899692981;
kuldeep.singh@jindalsteel.com