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

Image
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.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

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

Next Story