AdvertisementNEW DELHI (Metro Rail News): Notwithstanding sluggish domestic demand due to ongoing monsoon in the country; JSPL reported robust growth in sales and production in Q2FY22. JSPL’s Steel sales volume surged 32% Q-o-Q and 10% Y-o-Y to hit a record of 2.13 million tonnes during the quarter. In Q2FY22 JSPL steel sales have first time breached 2 million tons for the quarter. Steel production also increased to 1.93 million tonnes in Q2FY22, posting a modest growth of 5% Y-o-Y. Inventory levels continue to decline as sales volume surpassed production for the third consecutive month in September 21.

Source: MetroXpress October 05, 2021 10:09 UTC