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Jindal Steel & Power records 12% growth in production and 10% growth in sales in FY20

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Capital Market
Jindal Steel & Power (JSPL) reports its highest ever domestic & overseas steel & related products production and sales during FY 20.

The Company's major steel production units namely Raigarh, Angul & Oman recorded the highest ever production & sales of steel & related products.

JSPL's domestic operations also continued to ramp up significantly. Company's domestic Steel & Related Products production increased to a record of 6.3 Million tonnes (up 13% y-o-y) during FY 20 and sales increased to 6 Million Tonnes (up 12% y-o-y).

The Group recorded the highest ever production and sales of Steel and related product at 8.2 Million tonnes & 8 Million tonnes respectively, which is an increase of 12% and 10% respectively.

 

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First Published: Apr 03 2020 | 9:12 AM IST

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