India: JSPL Steel Production & Sales Rise in Q1 FY'20
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Jindal Steel and Power Limited (JSPL), one of the India's leading steel producer has released its steel output and sales figures today for Q1 (Apr-Jun) FY'20 results.
Company's crude steel output up by 16% in Q1 FY20- JSPL's steel output from Indian operations increased by 16% in Q1 FY'20 to 1.57 MnT which was 1.35 MnT in Q1 FY'19.
As per company reports, India's largest Blast Furnace at JSPL Angul Odisha has produced its highest ever Hot Metal production of 10,845 MT for a single day on 2nd July 2019. It is also reported that this is the ever highest production produced by any of the BFs in India.
Company's sales volume up by 16% in Q1 FY'20- JSPL sales volumes jumped by 16% in Q1 FY'20 to 1.51 MnT against 1.3 MnT in Q1 FY'19.
JSPL (India) Crude Steel Output and Sales Figures in Q1 FY'20
| Q1 FY'20 | Q4 FY'19 | Q-o-Q (Change in %) | Q1 FY'19 | (Change in %) | |
| Production | 1.57 | 1.51 | 4 | 1.35 | 16 |
| Sales Volume | 1.51 | 1.45 | 4 | 1.3 | 16 |
Quantity in MnT
Source: Company Reports; SteelMint Research
