Business Today
Loading...

JSPL output rises 18% to 6.53 lakh tonnes in Feb

In February this year, the sales stood at 5.45 LT as compared to 4.80 LT in the year-ago period, a rise of 14 per cent

twitter-logoPTI | March 12, 2021 | Updated 19:11 IST
In February this year, the sales stood at 5.45 LT as compared to 4.80 LT in the year-ago period, a rise of 14 per cent
Representational Image

Jindal Steel and Power Ltd on Friday reported an 18 per cent jump in its crude steel output to 6.53 lakh tonnes (LT) in February this year. The company had produced 5.54 LT steel in February 2020, JSPL said in a statement.

In February this year, the sales stood at 5.45 LT as compared to 4.80 LT in the year-ago period, a rise of 14 per cent.

Exports accounted for 26 per cent of the total sales volume, the company said.

"We are on our path of continuous growth month after month and will enhance production further without any new CAPEX (capital expenditure) in this financial year," JSPL Managing Director V R Sharma said.

Part of OP Jindal Group, Jindal Steel and Power Ltd (JSPL) has significant presence in core infrastructure sectors, including steel, power, and mining.

Also Read: Amazon pumps in Rs 225 crore into payments unit in India to compete with Paytm, Google Pay

  • Print
  • COMMENT
BT-Story-Page-B.gif
A    A   A
close