JSW Steel consolidated output rises 16 pc to 5.88 MT in Apr-Jun


PTI | New Delhi | Updated: 07-07-2022 10:58 IST | Created: 07-07-2022 10:46 IST
JSW Steel consolidated output rises 16 pc to 5.88 MT in Apr-Jun
Representative image Image Credit: Twitter (@jswsteel)
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JSW Steel on Thursday posted a 16 per jump in its consolidated crude steel output at 5.88 million tonnes (MT) during April-June 2022.

In the same period last year, its production was at 5.07 MT, the company said in a statement.

''JSW Steel reported its group combined crude steel production at 5.88 MT for Q1 FY23 registering a growth of 16 percent year-on-year, including the production at jointly controlled entities,'' it said in a statement.

On a quarter-on-quarter (q-o-q) basis, the production was 2 percent down from 5.98 MT in January-March 2022.

''The crude steel production was lower sequentially due to preponement of certain scheduled shutdowns during the financial year 2022-23,'' the company said.

JSW Steel is the flagship business of the diversified USD 22 billion JSW Group which has a presence in energy, infrastructure, cement, paints, sports, and venture capital besides steel.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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