JSPL posts 36% rise in domestic crude steel production in Q1

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Press Trust of India New Delhi
Last Updated : Jul 03 2018 | 11:10 AM IST

Private steel maker JSPL today reported a 36 per cent rise in the domestic crude steel production to 1.23 million tonnes (MT) for the quarter ended June 30.

The company had clocked production of 0.90 million tonnes in the year-ago period.

"JSPL also recorded a 46 per cent growth in domestic sales during first quarter of 2018-19 to 1.18 million tonnes, up from 0.81 million tonne in the first quarter of the previous fiscal," Jindal Steel and Power (JSPL) said in a statement.

In India, the company has two integrated steel plants in Raigarh and Angul.

JSPL had posted quarterly crude steel production at 1.26 million tonnes as of March 31, 2018.

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First Published: Jul 03 2018 | 11:10 AM IST

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