Home » Business » JSPL marches ahead with highest ever Quarterly Standalone Sales of 1.93 Million Tons in Q2FY21

JSPL marches ahead with highest ever Quarterly Standalone Sales of 1.93 Million Tons in Q2FY21

 Highest ever Quarterly Standalone Steel Production of 1.84 Million tons in Q2FY21

Highest ever Quarterly Pellet Production of 2.01 Million Tons in Q2FY21.

New Delhi 06/10/2020: JSPL continues its onward march with a record 30% (Y-o-Y) growth in consolidated Steel Sales of 2.41 million tons in Q2FY21 as compared to 1.85 Million tons in Q2 FY 20. The company also reported 18% (Y-o-Y) growth in Consolidated Steel Production with 2.35 million tons in Q2FY21 as compared to 1.99 Million tons in Q2FY20.

Fig in Million Tons Q2FY21 Q1FY21 Q2FY20 Growth

(Q-o-Q)

Growth

(Y-o-Y)

STANDALONE
Production 1.84 1.67 1.58 +10% +16%
Sales 1.93 1.56 1.49 +23% +29%
CONSOLIDATED
Production 2.35 2.03 1.99 +15% +18%
Sales 2.41 2.07 1.85 +16% +30%

With the revival of domestic steel demand, Jindal Steel & Power Limited records 29% (Y-o-Y) growth in Standalone Steel Sales with 1.93 Million Tons Q2FY21 as compared to 1.49 Million Tons in Q2FY20. The company also reported a 16% rise in (Y-o-Y) Standalone Steel Production with 1.84 Million tons in Q2FY21 as compared to 1.58 Million tons in Q2FY20.

 Steel Exports contributed to 38% of the total sales volumes with 0.74 Million Tons. JSPL’s Barbil Pellet plant records Highest ever Quarterly Pellet Production of 2.01 Million Tons in Q2FY21.

“We are proud of our dedicated workforce and their hard work. We firmly believe in the India growth story and want to contribute to it significantly. We are setting new production benchmarks for ourselves and would like to surpass them consistently going forward. We are ramping up sales & production, as India comes out of the lockdown effect and ramps up its economic activities towards a renewed growth path,” said Mr. V R Sharma, MD, JSPL in a statement.

About Editor in chief

Ashok Palit has completed his graduation from Upendranath College Soro, Balasore and post graduation from Utkal University in Odia Language and literture.. He has also carved out a niche for himself as a scribe of eminence after joining the profession in 1988. He is also an independent media production professional. He brings loads of experience to Advanced Media, Ashok Palit as a cineaste has been active in film criticism for over three decades. As a film society activist, he soared to eminence for his profound commitment to the art film appreciation and aesthetics of cinema. His mode of discourse is often erudite but always lucid and comprehensible marked by a perfect acumen so rare in the field. A film aesthete with an immense fond of critical sensibilities, he wrote about growth and development of odia cinema in New Indian Express, The Times of India, The Hindustan Times, The Asian Age and Screen. He has been working as an Editor for Cine Samaya from 2002-2004.. He had made solid contribution on cinema in many odia Dailies and weekly such as Samaj, Prajatantra, Dharatri, Samaya, Satabadi, and weekly Samaya.

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