JSPL output jumps 20% in Jun qtr

Steel maker Jindal Steel and Power Limited (JSPL) on Wednesday posted a record 20 per cent growth in its steel output to 2.01 million tonnes (MT) in April-June quarter of the ongoing fiscal.

The company had produced 1.67 MT of steel in same of period of financial year 2020-21, JSPL said in a statement.

During the quarter under review, its sales rose by three per cent to 1.61 MT from 1.56 MT a year ago. "JSPL continued to report strong production in the first quarter of FY22… marking a record first quarter production and second highest quarterly production ever," the statement said.